RXM 1.92% 26.5¢ rex minerals limited

Ann: Rex successfully completes A$9.5M Placement, page-10

  1. 142 Posts.
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    Don’t know about everyone else here but I find it really promising that a) the cap raising was not done at a massive discount and b) the share prices held up post raising. All previous cap raises significantly diluted existing shareholders’ value and the prices always tanked. It seems like this time around the market is betting on hillside and/or hogs are going to go ahead.
 
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