REE 6.25% 1.5¢ rarex limited

Ann: RareX strategic and corporate update, page-20

  1. 1,783 Posts.
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    Someone could ask the question on the investor hub why the company hasn't raised higher? We all know that there’s been very little cash available since Q3 and it’s only because the tax refund that has allowed us to continue trading. Why would management allow such a slaughterhouse while also commenting several times on the past several months that RareX has been undervalued etc? We’ve also seen fake large bids at 0.002-0.004 to suggest there’s more interest while price churned through mid 2c area. I like James’ communication otherwise but kinda feels like he’s the puppet for a board of lifestyle directors whose bread and butter is allowing equity partners to steer the market cap. We have little to look forward until these new tenements get going, Cummins has turned into a massive back office project imo - market cap $13-$15M

    Sorry for the rant, just tired of these guys leading us on..
    Last edited by Helvetet: 24/01/24
 
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