Agree, exactly what I was expecting. I could understand raising another 10m now, or even 20 to accelerate things, but why raise $50m now, at 30c. Very poor form - you'd think someone like Ian Smith would have the experience to be more astute. They better pull their finger out and up their game on the PR/comms front otherwise this will drift lower without substantial news.
Ann: Rex announces successful completion of A$50m Placement, page-6
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