RXL 3.33% 15.5¢ rox resources limited

LB01 and other Rox holders: As a non-holder of RXL (but...

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  1. 9,660 Posts.
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    LB01 and other Rox holders: As a non-holder of RXL (but contemplating to possibly entering into this stock), I do have a few questions:
    a) why are the recent discoveries (which I view as successful) NOT being reflected in the RXL sp? Overall, I think that RXL has very good looking assets - any comments?
    b) With those new shares coming about, one would assume that RXL is funded for a while going forward?
    c) Is the stock being sold down due to current shareholders unloading as they plan to pick-up new shares cheaper or is there any other good reason(s) for the sp weakness??
    d) How reliable is the RXL management - it seems to me that they do have A LOT of "skin in the game"?! Which to me is always a good sign.
    e) Last but not least and especially in reference to LB01's post: How much of a share-price "recovery" will you expect, i.e. up from the around 2c to 2.5c level to ???
    Thanks a lot in advance for any advise/suggestion you may have (positive or negative).
    wasa
 
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Last
15.5¢
Change
0.005(3.33%)
Mkt cap ! $57.48M
Open High Low Value Volume
15.0¢ 15.5¢ 15.0¢ $50.32K 328.7K

Buyers (Bids)

No. Vol. Price($)
7 476755 15.0¢
 

Sellers (Offers)

Price($) Vol. No.
15.5¢ 130418 3
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Last trade - 16.10pm 29/11/2024 (20 minute delay) ?
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