I do not mind the board stumping up cash vs free shares or inflated remuneration / bonuses... although the price is at the all-time low.
The best part of the announcement today is that it confirms the company is looking for new projects - which I fully support - and will be the way forward until REE comes back in favour. I just hope they have the skill to introduce a quality project and allow existing shareholders to participate in any future discounted capital raises. With current markets there could be some decent projects out there looking for a neat and tidy ASX company like RBX to backlist into.
Ann: Proposed issue of securities - RBX, page-4
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Last
3.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.811M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 500247 | 3.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.0¢ | 100000 | 1 |
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| Last trade - 16.12pm 27/09/2024 (20 minute delay) ? |
| RBX (ASX) Chart |
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