The massive numbers happy to sell the stock seems to be slowing the price rise in this stock compared to SIR. In the first two days after the initial SIR announcement the volumes were 56mill and then 34m and only slightly over 20m 3 times since, but the price rose spectacularly. Compare this to RXL 116m, then 175m, today looks like topping 50m. The volumes traded with RXL are far greater. Who is selling off all this stock and why?
The buyers are there so too the sellers. Any thoughts?
why so many happy to sell?
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Last
13.5¢ |
Change
0.005(3.85%) |
Mkt cap ! $55.43M | |||
| Open | High | Low | Value | Volume |
| 13.0¢ | 13.5¢ | 13.0¢ | $38.48K | 285.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 77428 | 13.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.0¢ | 214871 | 5 |
View Market Depth
| Last trade - 14.59pm 27/09/2024 (20 minute delay) ? |
| RXL (ASX) Chart |