RXM 0.00% 47.0¢ rex minerals limited

Ann: Ceasing to be a substantial holder-J.P.Morga, page-9

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  1. 2,717 Posts.
    lightbulb Created with Sketch. 26
    re: Ann: Ceasing to be a substantial holder-J... Could be J P Morgan bought stock only to short and after the announcement it is no longer a good short play. They are renowned for it.

    As for your query as to why this announcement at this stage have you read only this week how the Chinese are taking an interest in small miners and I would think RXM fits almost all of their criteria. Chinese are not stupid they dont do anything without spending a painfully long time investigating.

    I bought today because I believe its hit its lowest and is on its way back there may be a few more shaky weeks to go with the global problems but last qtr IMO will be good.

    Everybody to their own investments its hard to find a decent one these days they all suffering.
 
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