Rox have raised $6.2m and have a right to place any shortfall which is approx. $1.5m and which will be taken up in the near future imo. For a non-underwritten rights issue and before the PFS, this is a great outcome, over 80%, I can’t recall any non-underwritten rights issue that have achieved this in recent history.Changes to substantial holdings > 1% must be announced to the market within 2 business days so look for Hawke’s Point taking their allocation and it will be interesting to see if Venus Metals did.Next we have the PFS which has clear potential to re rate RXL
Rox have raised $6.2m and have a right to place any shortfall...
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Last
13.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $52.91M | |||
| Open | High | Low | Value | Volume |
| 13.0¢ | 14.0¢ | 13.0¢ | $156.1K | 1.178M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 521631 | 13.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.5¢ | 7922 | 1 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| RXL (ASX) Chart |