This hypothesis fails not only as you have demonstrated with the Helios spin off but also because you fail to identify how investors will be rewarded. If your thoughts represented management strategy then this would be clearly stated. I cant recall any comments to this effect.
The reward from Reward would be evident in a dividend. Instead we read of industry leading salaries and not insignificant bonuses for acknowledged partial achievement of targets.
Nice thoughts but your sentiment fails the pub test and management actions dont support it. Daytraders may get lucky trading pips but very few others will
In
What sort of resource company is RXL?, page-8
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Last
13.5¢ |
Change
0.005(3.85%) |
Mkt cap ! $57.48M | |||
| Open | High | Low | Value | Volume |
| 13.0¢ | 13.5¢ | 13.0¢ | $38.48K | 285.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 77428 | 13.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.0¢ | 214871 | 5 |
View Market Depth
| Last trade - 14.59pm 27/09/2024 (20 minute delay) ? |
| RXL (ASX) Chart |