Don't even think about it!
That would just provide another platfrorm for a succession of capital raisings that, in the past, have never achieved what they should have.
Far better to manage the capital properly than to lose value for loyal current shareholders with an inevitably destructive consolidation.
This illustrates why salaries and admin costs have to be moderated in downturns like we have had.
I would agree that, unfortunately, Rox's cash burn has been too high for some time.
Don't even think about it! That would just provide another...
-
- There are more pages in this discussion • 48 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add RXL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
15.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $57.48M | |||
| Open | High | Low | Value | Volume |
| 15.0¢ | 15.8¢ | 15.0¢ | $92.31K | 598.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 116126 | 15.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.0¢ | 361116 | 6 |
View Market Depth
| Last trade - 10.55am 25/11/2024 (20 minute delay) ? |
| RXL (ASX) Chart |
