Not to rain on everyone’s parade but all rxm cap raising since 2010 except for the last year were followed by significant and prolonged drawdowns in the share price. obviously this time it’s probably different because the cap raising is there to get rxm to fid, but if history rhymes (which it often does) we will have plenty of chance to top up at lower prices between now and FID.
Not to rain on everyone’s parade but all rxm cap raising since...
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Last
44.3¢ |
Change
0.003(0.57%) |
Mkt cap ! $340.7M | |||
| Open | High | Low | Value | Volume |
| 44.0¢ | 44.5¢ | 44.0¢ | $1.311M | 2.957M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 45 | 9317957 | 44.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 44.5¢ | 3215618 | 15 |
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| Last trade - 12.21pm 19/07/2024 (20 minute delay) ? |
| RXM (ASX) Chart |