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Darre11,

"I think this will be tipping point for shareholders to get out given the lack of any catalyst for share price to move higher."

No catalyst for growth? I disagree ... what about:

1) carbon tax repeal
2) friendly (especially national party) government coming
3) promise of reduced bureaucracy from incoming government
4) Rex has shown it can get through a significant downturn in the non-mining sector of the Aussie economy and still stay in profit (compare that to the big air Aussie lines bottom lines)
5) REX is imo one of or the best(?) managed SME's on the ASX
6) etc.

I hope you are right and there is a major exodus of share holders as I'm still accumulating.

GLTA