RXM perhaps is a bit of a leaky ship. I won't ever forget the savage sell down that occurred in the middle of last October late in the afternoon.
It was the day before Rex was placed in a trading halt where the notice of the 3-10 rights issue @ $1.70 was released.
I was very annoyed that day as I watched the selling go on. They sold straight into the bids. Someone must have known what the market did not. Not very fair if this is the case.
For current holders perhaps some good news lies around the corner for Hillside given todays form. My opinion only. ASX will have to hand out a speeding ticket surely given she's up 14% on better volume with no news.
I invite anyone who has another explanation for last October to give their theory.
Cheers.
Peggs
DYOR
northcape capital, page-20
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Last
26.0¢ |
Change
0.008(2.97%) |
Mkt cap ! $199.6M | |||
| Open | High | Low | Value | Volume |
| 25.5¢ | 26.0¢ | 25.5¢ | $100.8K | 391.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 100000 | 26.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 26.5¢ | 275051 | 5 |
View Market Depth
| Last trade - 15.56pm 28/06/2024 (20 minute delay) ? |
| RXM (ASX) Chart |