Even though I'm not a holder of RXL, the discussion is relevant across the small cap asx sector. The Perth brokers have this down to an art form, selling down into an upcoming CR often free options and all the rest.
To be honest its probably more incompetence rather than dodgyness by MD's and boards of these companies. Most of these guys are Geo's or Mining engineers with a dream but often lacking any commercial skills.
Thats where boards should provide the necessary governance to make sure the best deal possible is done for a company and the shareholders, however the gene pool of quality and qualified boards has been severely diluted in the last ten years in Australia. There lies the problem...
- Forums
- ASX - By Stock
- RXL
- i think they were initially conservative...
i think they were initially conservative..., page-105
-
-
- There are more pages in this discussion • 58 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add RXL (ASX) to my watchlist
|
|||||
Last
13.0¢ |
Change
-0.005(3.70%) |
Mkt cap ! $53.12M |
Open | High | Low | Value | Volume |
13.8¢ | 14.0¢ | 13.0¢ | $84.28K | 624.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
13 | 1028220 | 13.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
13.5¢ | 486 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2100 | 0.135 |
12 | 778220 | 0.130 |
5 | 221200 | 0.125 |
5 | 425008 | 0.120 |
2 | 13699 | 0.110 |
Price($) | Vol. | No. |
---|---|---|
0.130 | 2267 | 1 |
0.140 | 521521 | 7 |
0.145 | 353599 | 3 |
0.150 | 209914 | 3 |
0.155 | 215972 | 4 |
Last trade - 16.10pm 02/09/2024 (20 minute delay) ? |
Featured News
RXL (ASX) Chart |