RXM 2.33% 44.0¢ rex minerals limited

Agreed im staying at the moment because something isnt sitting...

  1. 7 Posts.

    Agreed im staying at the moment because something isnt sitting right, even Mt Pleasant had a lump sum and royalties paid back to Rio Tinto shareholders once it was up and running, this offer has zero ongoing upside after the buyout. An Aussie JV partner that is publicly listed isnt going to add value if you stay in because i suspect the takeover sum wont change, im thinking all we can do is hope for an outright counter or punch out and punt on whatever JV partner would pick it up. and thats a stab in the dark. Either way im popcorn ready.
 
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43.5¢ 44.0¢ 41.5¢ $10.27M 23.91M

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4 56092 43.5¢
 

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Price($) Vol. No.
44.0¢ 2581231 49
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