The latest placement of $50 million by Euroz Hartleys , Macquarie Capital , and Avoca at $0.30 cents must really annoy these people when the shares are languishing around the 23 cents mark from the time they financed Rex . Surely Richard must have reassured them that they would get a good return for their outlay which they haven't yet. From 2007 to the current time their have been numerous cash raisings to the tune of $290 million over 168 months ($1.4million per month spend ) and I don't think any of the generous institutions have done too well .Surely Richard has to really try to do a bit more marketing to get the value of this company to a more realistic value.
The latest placement of $50 million by Euroz Hartleys ,...
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Last
45.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $352.4M | |||
| Open | High | Low | Value | Volume |
| 45.5¢ | 45.5¢ | 45.0¢ | $237.7K | 524.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 19 | 6268765 | 45.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 45.5¢ | 938325 | 25 |
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| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| RXM (ASX) Chart |