RXL 7.69% 12.0¢ rox resources limited

Ann: Leadership Transition As Rox Focuses On Youanmi Re-Start, page-15

  1. 10,075 Posts.
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    Hawkes who are sitting on huge loss? (in .525c sitting on .19c)?????

    Hawke's Point has subscribed for 314,285,714 ordinary shares at an issue price of $0.035 each, for a total of $11 million before expenses
    https://www.investi.com.au/api/announcements/rxl/b4359221-050.pdf

    Then Hawke's Point received a big parcel of Cannon shares for nothing and bought their priority rights entitlement to gain a major stake in the new company.
 
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