At the moment you appear correct but let's hope you are not correct longer term, as technically 22c is the target,
Share price since the announcement
-16.67%,
-3.33%,
0%
-1.72%
and today currently down -2.76% - the worst on my watchlist,
I have been trading for a very long time and this is a poor performance after the rights issue, theirs appears to be no support from the brokers, who we as shareholders a paid bucketload load of money. They should be supporting the stock in some form of manner and management should be doing PR.
Maybe management is continuing to do what they have always done ..underperform,
My motives are, hopefully, management might read this, someone has to tell them we as shareholders are not happy, sell your story to the world.
Ann: Rex announces successful completion of A$50m Placement, page-45
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Last
46.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $360.3M | |||
| Open | High | Low | Value | Volume |
| 46.0¢ | 46.5¢ | 46.0¢ | $380.4K | 826.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 28 | 10978817 | 46.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 46.5¢ | 13906852 | 62 |
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| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| RXM (ASX) Chart |