RXP 5.77% 27.5¢ rxp services limited

Price fell for 5 days, page-10

  1. 3,285 Posts.
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    The company answered the ASX's query post AGM regarding guidance and the company confirmed that they are not aware of any information relating to results differing materially (downwards or upwards) from any earning guidance it has given for the period. Therefore the below guidance still stands.

    Personally it looks like a tactic to flush the left over shares of the capital raising for the acquisition. You can see the strong resistance at the 90c mark and what better way to deal with that than to drop it coincidentally just prior to when the company is to update the market... great way to spook weak holders out. Anyway time will tell.

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Currently unlisted public company.

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