Could only envisage this sudden drop in share price is a response that the PEPR was not approved by the state government - which is now in election mode.
Would guess by the time that the state parliament is back in motion that we will not see a formal response to the PEPR until the middle of 2018.
If only RXM can announce funding arrangements are in place for Hillside Project would send a positive message to the market.
Ann: Half Yearly Report and Accounts, page-19
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45.0¢ |
Change
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Mkt cap ! $352.4M | |||
| Open | High | Low | Value | Volume |
| 45.0¢ | 45.5¢ | 45.0¢ | $307.0K | 681.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 4255383 | 45.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 45.5¢ | 3965660 | 23 |
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| RXM (ASX) Chart |