IMHO this is being manipulated by the big end of town.. big players are trying to work offscreen and not show their hand in this stock. Recently I have observed robots beavering away on both sides of the book and doing nothing much more than pushing the offer down on very low volumes and sniping away at the offer when it is in range around the 1.70 mark with again small volume.
I would think that any shortfall will benefit anyone of these 50 guys who recently did a tour of the RXM site who would like some stock.
EL&C Bailieu will just cross up the balance with those interested parties.
Just my opinion
IMHO this is being manipulated by the big end of town.. big...
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Last
27.5¢ |
Change
0.010(3.77%) |
Mkt cap ! $211.1M | |||
| Open | High | Low | Value | Volume |
| 27.0¢ | 27.5¢ | 26.5¢ | $36.67K | 136.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 47609 | 26.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 27.5¢ | 338630 | 10 |
View Market Depth
| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| RXM (ASX) Chart |