"To support its planned activities, Rex will be required to...

"To support its planned activities, Rex will be required to raise additional funds over the next quarter and in the
future. Rex has a history of successfully raising cash through equity raisings. The Directors reasonably expect
that Rex will be able to raise funds as required. Rex has available its full 15% placement capacity under Listing
Rule 7.1 and also has freehold land with a book value of $14.1m, which could be used as security for additional
funds, if necessary."

Awesome news for long term holders (sarcasm). so we are expecting the share price to tank to as low as 3c or 4c by the next quarter... I dont know why after so many years of failures i'm still surprised by anothe failure, but i guess i'm just naive to expect anything different from this mob.