FXR 0.00% 0.2¢ fox resources limited

depression

  1. 33,487 Posts.
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    richardson
    This stock is getting depressing. Does anyone realise if the stock drops below 55cents the rights issuing company does not have to take up the rights, could this mean a cash crunch looming for FXR?
    I have held this for over a year from 58 cents the management are prooving to be very poor. I did very well last year with my stocks especialy CSM and MGX but this one just eats at me they prooved up a few more reserves but can not seem to keep their production costs in check (read their quarterlies)
    Why dont I sell guess I dont want to admit my mistake in buying it. The matichs are so much hot air
 
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Currently unlisted public company.

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