A tangential point on RXM financing.
Since China's Stockmarket is shall we say - poor, a lot of money both from Global and Chinese is going into Japan. Partly because it's freeing up cross-shareholdings but also because it's an easy switch/no-brainer.
Now if Nettetsu can't find a partner for RXM under those conditions I'd be surprised. Noting, in Japan the mates of Share s that form informal conglomerates so common they are called Kieretsu* in Korea, Chaebol.
All IMVHO.
https://www.britannica.com/money/keiretsu
* As talked about in the relatively famous movie Rising Sun with Sean Connery and Wes Snipes.
Ann: Strategic Placement & Accelerated Entitlement Offer Results, page-41
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Last
46.5¢ |
Change
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Mkt cap ! $364.2M | |||
| Open | High | Low | Value | Volume |
| 46.5¢ | 47.0¢ | 46.0¢ | $4.532M | 9.746M |
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| No. | Vol. | Price($) |
|---|---|---|
| 4 | 375514 | 46.5¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 47.0¢ | 5861118 | 28 |
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| RXM (ASX) Chart |