RXM
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1.92% 26.5¢ rex minerals limited

Ann: RXM Equity Raising Investor Presentation, page-140

  1. boydie63
    3,071 Posts.
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    19/07/18
    13:26
    Post #: 34449471
    I reckon the under writer will end up with lots of shares which they will try to off load to an acceptable level, if they have one.I suspect there may be problems or long delays in approvals, why raise if approvals are almost ready? more likely filling the board wage coffers is the main target.
    RXM Price at posting: 10.5¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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