RXM 1.92% 26.5¢ rex minerals limited

ynotinvest: I will be super happy to eat my own words!The ASX...

  1. 818 Posts.
    lightbulb Created with Sketch. 352
    ynotinvest: I will be super happy to eat my own words!

    The ASX Melbourne released the Trading Halt announcement to the public at 6.11pm well after the market had closed . Can't make the connection to the 1am time you mentioned . If the PEPR was approved it looks as though the DEM most probably out of courtesy to REX to make a precautionary Trading Halt until such time as the DEM list the approval on their website. Maybe the DEM have a number of steps to go through before the information becomes public so they gave Rex a head start . This was done after the market had closed so any fall in the share price during trading hours was a mere coincident and could not be attributed to the Trading Halt. I am sure the DEM would know the sensitivity of the information and the possibility of leaking and I am sure that out of common courtesy the applicant of the PEPR , Rex would be the first one to get the news. So I still believe the Trading Halt in relation to the Hillside Mine Project is about the approval so all you long term holders maybe we can still celebrate soon .

    Ps : A cashed up joint Venture partner has been found by Rex would also be good news.
 
watchlist Created with Sketch. Add RXM (ASX) to my watchlist
(20min delay)
Last
26.5¢
Change
0.005(1.92%)
Mkt cap ! $203.4M
Open High Low Value Volume
26.5¢ 27.0¢ 26.0¢ $232.0K 878.3K

Buyers (Bids)

No. Vol. Price($)
1 11036 26.0¢
 

Sellers (Offers)

Price($) Vol. No.
26.5¢ 33235 1
View Market Depth
Last trade - 16.10pm 01/07/2024 (20 minute delay) ?
RXM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.