REX 0.85% 58.5¢ regional express holdings limited

whats happening with rex

  1. 56 Posts.
    lightbulb Created with Sketch. 1
    I'm fairly new to investing, but I can not see why REX's share price is not performing better.

    REX have a PE of 7, a low 15% debt, healthy profits, 6% fully franked dividend and they have the regional air market to them selves.

    Can anyone give me some good reasons why the SP shouldn't be around $1.50?
 
watchlist Created with Sketch. Add REX (ASX) to my watchlist
(20min delay)
Last
58.5¢
Change
-0.005(0.85%)
Mkt cap ! $66.23M
Open High Low Value Volume
59.0¢ 59.0¢ 57.5¢ $31.60K 54.78K

Buyers (Bids)

No. Vol. Price($)
3 20148 57.0¢
 

Sellers (Offers)

Price($) Vol. No.
58.5¢ 3999 1
View Market Depth
Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
REX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.