RXM rex minerals limited

I wonder if the ASX have monitored the performance of Rex...

  1. 900 Posts.
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    I wonder if the ASX have monitored the performance of Rex Minerals
    over the last 6 months .
    Opening Price 1st July 2014 $0.44
    Opening Price 1st August 2014 $0.31 Down 29%
    Opening Price 1st September 2014 $0.26 Down 16%
    Opening Price 1st October 2014 $0.22 Down 15%
    Opening Price 1st November 2014 $0.15 Down 46%
    Opening Price 1st December 2014 $0.12 Down 20%
    All of this has been on very low turnover so you wonder how a stock can
    suffer so badly and fall so dramatically on just a handful of sales during this period .
    Market Capital now $27 million ($50M in bank) .
    Isn't it about time the Directors or the ASX should step in to clear the air.
    I started buying Rex at $3 and have been averaging down ever since only because
    I thought that this share was destined for a "Blue Chip" status , WRONG.
 
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