Musings on what next with RXL before end of Feb 2021:
1. Announce Cap Raise of 155,000 shares at .045 cps (10% discount VWAP) to raise around $7m, plus over subscriptions of up to a further $3m.
2. Release news of Nickle off take agreement, not a sale.
3. Closely followed by long overdue assay results.
4. JORC news to follow towards the closing date of the cap raise, ensuring maximum subscription take up.
Provided the assays are generally positive, that sort of news 'rich' flow would not just spark up the share price, it would light a bonfire of support.
All in my opinion and purely speculation at this stage.
Musings on what next with RXL before end of Feb 2021: 1....
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Last
14.0¢ |
Change
0.005(3.70%) |
Mkt cap ! $57.01M | |||
| Open | High | Low | Value | Volume |
| 13.5¢ | 14.0¢ | 13.5¢ | $17.27K | 124.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 133984 | 13.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.0¢ | 287179 | 6 |
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| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| RXL (ASX) Chart |