RXM 0.00% 44.0¢ rex minerals limited

going, going , and almost gone, page-6

  1. 140 Posts.
    I am hoping it goes to a point where they are free haha.

    If the market cap get to 37 million or below I will just start buying like crazy!!

    I agree Crowdoc it is amazing how much this has fallen, I have a few theories, either;

    1. JP Morgan know something we don't (that the project won't go ahead). They are selling off their stake. Or;

    2. JP Morgan want the share price to be really low to ensure the viability of the project, they sacrifice 1-2% of their share to ensure the other 6% they hold make decent profits. Or;

    3. People are selling and shorting because of the down trend which has led to the company being heavily oversold.

    I think it would be one of the three above, but which!
 
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44.0¢ 44.5¢ 43.5¢ $134.5K 306.1K

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5 172379 44.0¢
 

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Price($) Vol. No.
44.5¢ 1753840 29
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