RXM 1.12% 44.0¢ rex minerals limited

put pressure on the board, page-8

  1. 821 Posts.
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    Since April this year , with a comparison to other copper players , SFR $7.50 to $6.94 down 7.4% , CDU $3.60 to $3.40 down 1.06% and RXM $2.90 to $1.32 down 119.0% . If this was in reverse and RXM went from $1.32 to $2.90 then you may get some interest from the ASX . The company can see this massive drop in its share price and I wonder if they can explain the drop day after day on hardly any turnover at all .
    Massive Bank Balance , Resource increase , New regional results that appear good it doesnt make any sense.
    Time to think what are the consequences if I hold much longer and I keep thinking back to my other bad luck with Ballarat Gold Mines/ Lihir .
 
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