I dont get it. The premise of selling Reward is to monetise its value, management say Reward is nothing in share price. So now they have a deal equal to RXL market cap and no increase to share price. (OK $0.001!) Seems like the market is valuing the deal at near zero. That's a lot of uncertainty and time value.
Ann: Rox Rewarded with up to $20.6 Million for Zinc Project Sale,MZN-RXL.AX, page-17
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Last
15.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $57.48M | |||
| Open | High | Low | Value | Volume |
| 15.0¢ | 15.8¢ | 15.0¢ | $92.31K | 598.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 116014 | 15.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.0¢ | 251616 | 4 |
View Market Depth
| Last trade - 10.55am 25/11/2024 (20 minute delay) ? |
| RXL (ASX) Chart |
