RXM 0.00% 44.0¢ rex minerals limited

Ann: Rex announces successful completion of A$50m Placement, page-44

  1. 143 Posts.
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    I'm not trying to down ramp at all. at this stage i doubt retail investors' actions will change the share price anyway. I think only the institutional holders will move the price from here on. I believe in the long term success of this company, otherwise i would have sold out. I am just saying if history is a guide we will probably see a period of low corporate communication (like after past cap raising) which will cause the share prices to dip, and then (hopefully) recover once we get to FID. I personally will be slowly buying in little by little because (per above) i think there will be plenty of chance to top up at lower prices in the next 6 to 12 months. Just my 5c. I've been wrong plenty of times before.
 
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44.0¢ 44.5¢ 44.0¢ $1.337M 3.017M

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49 10156067 44.0¢
 

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