As I post, 2.5m shares have traded at 0.3c a share.
52.4m shares bid 0.2c versus 35.3m shares offered at 0.4c.
It looks as if La Jolla Cove's Investors are trying to unload stock still held, bought at 2.4c to 3.33c a share.
Now is the time for Directors and Managers of UXA to show their metal and buy a lot more shares. I don't put it to them that they should pay more than 0.3c a share, but this would support the price.
Chairman Neill Arthur and MD Dr Penney, bought a few million shares at 0.4c and 0.5c, which is a start. Directors, imho, should hold a total of 10% plus of their companies stock in small cap companies, so their total holding should be at least 70m shares -- WE LOOK FOR DIRECTOR and MANAGERS SUPPORT of UXA RESOURCES LIMITED
UXA Price at posting:
0.3¢ Sentiment: None Disclosure: Held