RXL 3.57% 13.5¢ rox resources limited

Yes it's an odd thing that prima facie sounds ridiculous. Let me...

  1. 4,102 Posts.
    lightbulb Created with Sketch. 1338
    Yes it's an odd thing that prima facie sounds ridiculous. Let me be more exact. If the POG falls and especially if it falls near the current AISC of the likes of RMS then Rox becomes a compelling TO target because only high grade low AISC resources can maintain profitability. But will the value of Rox in a TO in a low POG environment be more or less than the TO value in a high POG environment? What do you think Facthunter?
 
watchlist Created with Sketch. Add RXL (ASX) to my watchlist
(20min delay)
Last
13.5¢
Change
-0.005(3.57%)
Mkt cap ! $54.95M
Open High Low Value Volume
14.0¢ 14.0¢ 13.5¢ $61.99K 444.9K

Buyers (Bids)

No. Vol. Price($)
10 625717 13.5¢
 

Sellers (Offers)

Price($) Vol. No.
14.0¢ 59571 4
View Market Depth
Last trade - 15.46pm 18/06/2024 (20 minute delay) ?
RXL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.