Ann: Rex successfully completes A$8M Placement, page-8

In an interview a couple of years ago RL said about finance we need "600 mil Aussie, all day every day" then in a later interview he mentioned US$500... he was also going to get on a plane at the urgings of the board and get this finance hinting that financiers should come to him!

RXM need much more than ONE Billion Dollars, costs have gone up massively in the past year or two, there's no finance, interest payments have risen... they're sitting on their hands waiting and hoping for a TO.

Why hasn't the finance been sorted way before this?

$8mil is good to keep paying management and the board for what exactly?

Today's drop is massively overdone, it's only $8mil less a whole lot of fees and internal costs.