RXL 0.00% 15.5¢ rox resources limited

Don't even think about it! That would just provide another...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 251 Posts.
    lightbulb Created with Sketch. 96
    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.
 
watchlist Created with Sketch. 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
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
6 48399 15.5¢
 

Sellers (Offers)

Price($) Vol. No.
15.0¢ 22900 2
View Market Depth
Last trade - 09.23am 25/11/2024 (20 minute delay) ?
RXL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.