RXM 0.00% 46.5¢ rex minerals limited

A tangential point on RXM financing. Since China's Stockmarket...

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  1. 15,758 Posts.
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    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.
    Last edited by arsenic: 02/02/24
 
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