I've been in Rox a fair time now and this is their best announcement yet. And to be fair they've hardly put a foot wrong- we've got to remember that they have been a 'Junior Explorer'.
Fair to say that they now need to move up a gear. And should. With this money in the bank they should be able to define a pretty good resource across a few projects..
Had a chuckle at the last part of this quote from the MD- " “Rox has clearly demonstrated to the market that we can acquire, explore, develop and monetise projects for the benefit of our shareholders. "
Well, that last part has been lacking- benefit of shareholders it hasn't been...dilution, dilution. So now is the time to reward the loyal shareholders with a decent share price and no more dilution....
Looking forward to the next 12 months drilling
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$15.8 million cash in bank-reward sale, page-13
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Last
15.0¢ |
Change
-0.005(3.23%) |
Mkt cap ! $57.48M |
Open | High | Low | Value | Volume |
16.0¢ | 16.0¢ | 15.0¢ | $163.8K | 1.089M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 368796 | 15.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
15.5¢ | 210000 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
13 | 6539315 | 0.008 |
15 | 12069642 | 0.007 |
5 | 2958583 | 0.006 |
5 | 3098180 | 0.005 |
3 | 1255003 | 0.004 |
Price($) | Vol. | No. |
---|---|---|
0.009 | 1924318 | 1 |
0.010 | 1406625 | 6 |
0.011 | 888479 | 5 |
0.012 | 621646 | 2 |
0.013 | 1000000 | 2 |
Last trade - 16.10pm 28/11/2024 (20 minute delay) ? |
RXL (ASX) Chart |