This is EXACTLY what RareX needed to do.
A new project = new drilling opportunities + new investor interest (on what was a stale share registry)
PLUS
A $1.5M CR completed without any discount to closing price (including some to Directors AND 39% to new investors), which is not something you see very often at this small cap end of town.
PLUS
A planned investor webinar next week, which further supports investor interest and is likely to provide a more in-depth action plan moving forward.
Thankfully Jeremy isn't running this day to day anymore, as I'm personally a lot more positive with James at the helm.
Let's see how this plays out, it's an easy hold for me given today's circa $15M market cap.
This is EXACTLY what RareX needed to do.A new project = new...
Add REE (ASX) to my watchlist
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Last
1.5¢ |
Change
-0.001(6.25%) |
Mkt cap ! $11.85M | |||
| Open | High | Low | Value | Volume |
| 1.5¢ | 1.5¢ | 1.5¢ | $13.58K | 905.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 424129 | 1.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.6¢ | 780923 | 6 |
View Market Depth
| Last trade - 15.54pm 11/07/2024 (20 minute delay) ? |
| REE (ASX) Chart |