if you follow trading patterns of rxl on good or average news past 12-18 months, current sp will drop a lot further
imo sp will go below 10c and I am calling under 8c next 6 -8 months, regardless of results produced imo
as I mentioned pre consolidation retail better have very deep pockets to average down on rxl that it would severely be diluted again post consolidation
just have a look at how Hawkes tactically averaging down every cr and imo they will further average down next 3 cr’s
next cr will be bad imo
RXL Price at posting:
15.5¢ Sentiment: None Disclosure: Not Held
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