RXL 3.57% 13.5¢ rox resources limited

Well, after the 15:1 share consolidation 3 years ago, now the...

  1. 2,554 Posts.
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    Well, after the 15:1 share consolidation 3 years ago, now the SOI has risen to 260%. Every time they did a booger size CR, at lower price one after anther, is very value and confidence destroying. I can't be so confident with these managements even though I still feel positive with the resources given its size and grades. I have already writen off my investment on this coy and treat it as a gambling bet for a while now.
    https://hotcopper.com.au/data/attachments/6285/6285177-60808824bdc2345278edbf8d1b8b06a9.jpg

    PS, there hasn't been much asset value creation since 2021 consolidation, but today's SP is still equivalent to about $0.34 at that time.
 
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