RXL 3.57% 14.5¢ rox resources limited

Ann: Consolidation/Split - Timing, page-107

  1. 3,467 Posts.
    lightbulb Created with Sketch. 496
    well new dates trouble is rox has lost that ever so important part of physics called momentum with the split of our nickel assets ,
    still a good way to go and provided there is no more stalling should turn out good for rox holders ,
    alex proceed and do not stop or stall trip or go to sleep ,proceed



    we did get news today and the market took no notice .wonder why

    hold onto our nickel


    Priority Offer to Rox Shareholders 30,000,000
    The offer structure for the Cannon IPO fund raising has simplified to being a $6 million Priority Offer to Rox holders allocated on a pro-rata basis. The Company has the ability to place shortfall shares (if any) to underpin a minimum subscription of $6 million

    so 20c a share looks like the mud money ,75,000,000 shares at 20c =15mil mc ?

 
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