RXM 0.54% 46.3¢ rex minerals limited

down dip down structure, page-21

  1. 56,627 Posts.
    lightbulb Created with Sketch. 267
    As an adjunct, IMO the liklihood of a raising by the end of the last calendar half is likely - possibly for approx $3m - maybe less although the ol' 15% rule may come into play for the long termers. She'll jump around a bit until we all know more. The U IMO is the key. The market cap and the registry will firm her up. Traders will dump and assert themselves again - I am in for the long haul as she could be a large bagger with a market cap of approx $18m atm - don't forget Titeline.

    She's also got only 39m shares on offer.

    Speaking about tight lines....hopefully I've jagged a Bluefin.
 
watchlist Created with Sketch. Add RXM (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.