Best move that has been done for a long time
Rxl needed this to be done and I believe in the best interest of both parties
Everyone believed rox was way undervalued and the jv was a major blocking mechanism
That’s now been removed and imho was done at a greatly undervalued sp
The market will appreciate the simplified structure and imho the sp will re rate upwards quite substantially
Oh and what will happen when all the new assays are released
On the new 100% owned rxl project
RXL Price at posting:
27.0¢ Sentiment: Buy Disclosure: Held
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