Ann: Rex enters a A$393M Scheme Implementation Deed with MACH, page-60

Well this was short and sweet for me, I can’t complain given the time I’ve been in but I certainly get long time holders would have liked a better return.

Lot’s of volume after close at .43cents I guess it’s not a bad return for 3.5 months if it all goes through and it’s most likely as simple as that.

However just because management has recommended accepting the offer doesn’t mean they have taken their lines out of the water.

As several people have suggested it’s a pretty low valuation not suggesting it’s cheap or totally unfair as they will need to spend a penny to get into production.

Given that we may see another entity see an opportunity and make a play with a higher bid, time will tell I guess.

Good fortunes everyone