now we know the reason, page-13

No bounce other than one person buying 5000 shares at 47.5.

Wide spreads with Rex often see small or bot trades give false signals. Less than $20,000 of shares traded doesn't show a lot of conviction.

It is something to think about with Rex though. After all the delays and 3 years of declining sentiment in the small resources sector, there can't be too many holders left in Rex who are not in it for the longer term.

The large holders who invested here a long time back are still involved. If they start to exit it will be a sign of loss of confidence in the project.