RXL 1.82% 13.5¢ rox resources limited

if you follow trading patterns of rxl on good or average news...

  1. 8,045 Posts.
    lightbulb Created with Sketch. 963
    if you follow trading patterns of rxl on good or average news past 12-18 months, current sp will drop a lot further

    imo sp will go below 10c and I am calling under 8c next 6 -8 months, regardless of results produced imo

    as I mentioned pre consolidation retail better have very deep pockets to average down on rxl that it would severely be diluted again post consolidation

    just have a look at how Hawkes tactically averaging down every cr and imo they will further average down next 3 cr’s

    next cr will be bad imo
 
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Last trade - 15.46pm 21/06/2024 (20 minute delay) ?
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