REX 0.00% 56.5¢ regional express holdings limited

Ann: Trading Halt, page-22

  1. 125 Posts.
    lightbulb Created with Sketch. 83
    I suspect any Administrator will keep the FIFO business unit running and flog it off. It will be doing well and generating good cash. The regional prop business has potential to do reasonably well and it will likely receive direct government funding to stay running in the short term I suspect - it has some contracts with State Governments. Its cash burn wouldnt be heaps and it is an essential service. The States may also start to consider more protected routes to ensure any operator is sustainable commercially. Then the regional business will be sold off with the AOC. The 737 business will be liquidated. My predictions only based on acquired aviation knowledge and presuming there are multiple AOCs.
 
watchlist Created with Sketch. Add REX (ASX) to my watchlist
(20min delay)
Last
56.5¢
Change
0.000(0.00%)
Mkt cap ! $63.96M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
1 900 57.5¢
 

Sellers (Offers)

Price($) Vol. No.
52.0¢ 20078 1
View Market Depth
Last trade - 16.12pm 30/07/2024 (20 minute delay) ?
REX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.