RXL 10.3% 16.0¢ rox resources limited

thats it crawl its way up baby, page-7

  1. 2,762 Posts.
    Hi everyone,

    what's all the excitement about with this one? Isn't the director selling action is a little concerning? One guy sold to exercise some options but still reduced overall and the other one just sold. The old "selling to reduce debt levels" excuse is a bit of a strech here, because when the SP goes up like that it greatly improves the guy's personal lvrs removing any need to sell. That excuse is only believable on something that goes down because it puts the pressure on from their personal bankers. The directors seem to think it's a sell at 10c so how can you see 50c? Good luck to all btw.
 
watchlist Created with Sketch. Add RXL (ASX) to my watchlist
(20min delay)
Last
16.0¢
Change
0.015(10.3%)
Mkt cap ! $65.15M
Open High Low Value Volume
15.0¢ 16.0¢ 15.0¢ $83.51K 553.2K

Buyers (Bids)

No. Vol. Price($)
1 51532 15.5¢
 

Sellers (Offers)

Price($) Vol. No.
16.0¢ 153815 4
View Market Depth
Last trade - 16.10pm 12/07/2024 (20 minute delay) ?
RXL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.