RXM 3.77% 27.5¢ rex minerals limited

how is management still at the helm? surely the bigger holders...

  1. 2,627 Posts.
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    how is management still at the helm? surely the bigger holders have had enough by now?

    management of rex minerals is probably the most incompetent i have ever come across. didn't they say the BFS would be out by december 2013!? they are well over a year late haha

    there is no BFS because they literally don't know how to do one!

    i sold the day parry resigned. 26c seemed a harsh loss to take then, but i then knew with conviction where the stock was heading, whereas i still had hope up until then. i think later in the year they'll try and raise at 5c or so.

    this investment is finished until a proper outfit takes the asset. the only way to make anything with rxm from here is to get lucky buying at rock bottom for a cent or two and catching a spike on sale. anyone that has bought in, even today, will be shafted.

    what an utter failure rex minerals has been.
 
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27.5¢
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26.5¢ 27.5¢ 26.5¢ $214.7K 794.6K

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12 825200 26.5¢
 

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27.5¢ 108591 6
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Last trade - 16.10pm 21/05/2024 (20 minute delay) ?
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