I’m inclined to disagree. A $300 million assistance package for regional airlines to maintain routes without requiring these airlines to provide an equity stake to the government sounds like a great deal for REX and should enable it to survive. The market it currently pricing it like it’s about to go out of business, so it will interesting to see what happens to REX’s share price on Monday.
Share price rally, page-9
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Last
56.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $63.96M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
| REX (ASX) Chart |
Day chart unavailable