Alex wants to pay directors in options. That allows the company to keep its cash because Directors are paid with shares. So Rox is trying to reduce cash payments and directors only get a payoff if we do ie the share price rises. if it doesn't their options are worthless.
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RXL
rox resources limited
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1.72%
!
28.5¢

Rox's record exploration spend, page-5
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Last
28.5¢ |
Change
-0.005(1.72%) |
Mkt cap ! $212.7M |
Open | High | Low | Value | Volume |
29.0¢ | 30.0¢ | 28.5¢ | $654.6K | 2.249M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 293046 | 28.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
29.0¢ | 469893 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 293046 | 0.280 |
4 | 88276 | 0.275 |
13 | 387190 | 0.270 |
3 | 243500 | 0.265 |
5 | 333000 | 0.260 |
Price($) | Vol. | No. |
---|---|---|
0.290 | 469893 | 1 |
0.295 | 21217 | 3 |
0.300 | 184631 | 5 |
0.305 | 91500 | 2 |
0.310 | 163467 | 5 |
Last trade - 16.10pm 01/07/2025 (20 minute delay) ? |
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REDCASTLE RESOURCES LIMITED
Ron Miller, Non-Executive Director
Ron Miller
Non-Executive Director
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