RXL rox resources limited

Almost certainly it will be an insto share issue. What we are...

  1. 10,075 Posts.
    lightbulb Created with Sketch. 4852
    Almost certainly it will be an insto share issue. What we are seeing is Venus holders selling their free shares which makes charting much less relevant.
    Rox won't be issuing new shares while this is giong on, it would mean dilution at a low SP. With almost $3.5m in cash at the end of the Quarter and no current drilling Rox have time to put out positive announcements well before they ask instos to fund them. In the past Hawke's Point have always maintained their stake in the company in CRs and will probably do so again. The drum beat of urgency on this thread is simply downramping,

 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
27.5¢
Change
0.000(0.00%)
Mkt cap ! $201.5M
Open High Low Value Volume
28.0¢ 28.5¢ 27.3¢ $931.2K 3.367M

Buyers (Bids)

No. Vol. Price($)
16 388889 27.0¢
 

Sellers (Offers)

Price($) Vol. No.
28.5¢ 79361 4
View Market Depth
Last trade - 16.20pm 25/06/2025 (20 minute delay) ?
RXL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.