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46.0¢ rex minerals limited

RXM 2024 General Discussion, page-223

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arsenic

15,515 Posts.

1402

10/05/24

15:19

Post #: 73766684
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Originally posted by Rewop: ↑

I usually watch the trading before making an entry, if it's being churned for accumulation they will happily sell you a few to keep the price down but also don't want to give up a lot so they pull the order on the sell side to make you pay a premium and then churn it back down.

I just play their game yesterday they pulled approximately 100k at 23cents from memory when they realized I was after a decent chunk likewise this morning at 24 cents. About a dozen trades so far, probably do 20 to get my fill.

Yes I'm also long term however I will generally buy 20-30% more than I want long term and trim them to take some profit along the way if the price increases of course.

Yes I agree RXM seems good value at current SP and looks likely, there is plenty of money looking for a good copper option on the ASX I have some exposure through BHP and an ETF but this is the only direct copper stock that I have liked enough to take a position.

Anyway we'll see how it goes. Good Luck.

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Great, sounds like really smart investment which is what I like to see. No real time for hot stupid money.
Happy to see more of the former (left) here.

All IMVHO.

RXM Price at posting: 24.5¢ Sentiment: Buy Disclosure: Held
3 Upvote

0 Great analysis

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(20min delay)
Last 46.0¢		Change 0.000(0.00%)		Mkt cap ! $360.3M

Open	High	Low	Value	Volume
46.0¢	46.5¢	46.0¢	$69.26K	150.3K

Buyers (Bids)

No.	Vol.	Price($)
30	13656191	46.0¢

Sellers (Offers)

Price($)	Vol.	No.
46.5¢	13688561	64

View Market Depth

No.	Vol.	Price($)
30	13656191	0.460
6	564737	0.455
3	4120	0.450
1	42211	0.445
3	87749	0.440

Price($)	Vol.	No.
0.465	13688561	64
0.470	4746842	28
0.475	1088445	6
0.480	61650	5
0.485	11200	2

Last trade - 11.55am 27/09/2024 (20 minute delay)

RXM (ASX) Chart