RXL rox resources limited

RXL to re rate this year. Target 75 cps, page-9

  1. 10,075 Posts.
    lightbulb Created with Sketch. 4852
    Today has wiped out almost all the gains from the Paddy's Lode and Midway discoveries, the additional 1m oz of gold and many other advantages of being the 100% owner of Youanmi gold tenements, the potential value of Linda Gossan and the value of high grade gold indicated at Link.
    I don't see Rox's fundamentals collapse as you would expect with a fall of this size in the SP so can only think that Venus holders are selling their free shares perhaps spooked by the fake 'financial emergency' with imminent heavily discounted cash raise. One would think that this is the bottom but when you get your shares for free whatever you sell them for it profit. We just have to wait this out while the freebies wash through and look for buying opportunities.

    https://hotcopper.com.au/data/attachments/5453/5453899-3be7a4d2b7c07aa3063e19fc0e93bc8a.jpg




 
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(20min delay)
Last
27.5¢
Change
0.000(0.00%)
Mkt cap ! $201.5M
Open High Low Value Volume
28.0¢ 28.5¢ 27.5¢ $360.9K 1.296M

Buyers (Bids)

No. Vol. Price($)
1 150000 27.5¢
 

Sellers (Offers)

Price($) Vol. No.
28.5¢ 77032 3
View Market Depth
Last trade - 16.10pm 24/06/2025 (20 minute delay) ?
RXL (ASX) Chart
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