RXM 0.00% 46.0¢ rex minerals limited

put pressure on the board, page-3

  1. 259 Posts.
    i remember when this was trading at over 3 bucks a pop.
    always thought it was overvalued then with a market cap around 500m for a company that in all likelihood will not turn a buck for a long time.

    Couple that with the fact of inevitable shareholder dilution in event of a capital raising to make a dollar and the market seems to have wised up to this company.

    as a long term hold it could be ok but it copper price head south before first production then look out.

    still overvalued imo
    better off investing in other copper plays that are closer to production
 
watchlist Created with Sketch. Add RXM (ASX) to my watchlist
(20min delay)
Last
46.0¢
Change
0.000(0.00%)
Mkt cap ! $360.3M
Open High Low Value Volume
46.0¢ 46.5¢ 46.0¢ $1.004M 2.181M

Buyers (Bids)

No. Vol. Price($)
7 5243529 46.0¢
 

Sellers (Offers)

Price($) Vol. No.
46.5¢ 8605376 42
View Market Depth
Last trade - 16.10pm 09/09/2024 (20 minute delay) ?
RXM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.