RXL 0.00% 13.0¢ rox resources limited

Ann: Trading Halt, page-16

  1. 103 Posts.
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    https://hotcopper.com.au/data/attachments/6120/6120928-3f85e40d96d881a567f1c63e0d7e8c32.jpg
    Similar to the last CR (above) and at the same price 20 cps.

    $7m CR, $4m to instos and $3m to retail imo.

    This gives major shareholders and directors another bite of the Rox cherry before the PFS and strengthens Rox against a low ball TO. Shares offered to retailers that do not take up the offer will be bought by directors and instos.

    Fisher Gold and Eureka probably could have been sold to raise cash but Rox are determined to not let it go cheaply.

 
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