RXM rex minerals limited

going, going , and almost gone, page-6

  1. 140 Posts.
    I am hoping it goes to a point where they are free haha.

    If the market cap get to 37 million or below I will just start buying like crazy!!

    I agree Crowdoc it is amazing how much this has fallen, I have a few theories, either;

    1. JP Morgan know something we don't (that the project won't go ahead). They are selling off their stake. Or;

    2. JP Morgan want the share price to be really low to ensure the viability of the project, they sacrifice 1-2% of their share to ensure the other 6% they hold make decent profits. Or;

    3. People are selling and shorting because of the down trend which has led to the company being heavily oversold.

    I think it would be one of the three above, but which!
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.