RXL 3.23% 15.0¢ rox resources limited

I dont get it. The premise of selling Reward is to monetise its...

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  1. 22 Posts.
    I dont get it. The premise of selling Reward is to monetise its value, management say Reward is nothing in share price. So now they have a deal equal to RXL market cap and no increase to share price. (OK $0.001!) Seems like the market is valuing the deal at near zero. That's a lot of uncertainty and time value.
 
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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
Last trade - 16.10pm 28/11/2024 (20 minute delay) ?
RXL (ASX) Chart
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