RXL 3.23% 15.0¢ rox resources limited

Ann: Rox accepts $21M offer for Reward project,MZN-RXL.AX, page-13

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  1. 9,660 Posts.
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    Padlock: "excellent Rox! And $8 mill upfront too. A3rd of our market cap. Brilliant."

    Padlock/others: IF this is indeed so BRILLIANT (as Padlock states) WHY on earth is the Rox share-price still below or around 2 cents?? Should it not - let's say - be around 3cents or above?? Comments resp. explanations most welcome!

    wasa
 
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15.0¢
Change
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Mkt cap ! $57.48M
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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
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