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Old 26th July 2024 | 02:11
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1A_Please
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Joined: Dec 2001
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From: Melbourne
REX AIRLINES Trading Halt

It hasn't cratered but it does continue to decline. $0.60 was seen as a protection level but once it fell through it, the share price continued to decline and is now $0.56 meaning the share price is exactly half of what it was this time last year. It is likely it will test $0.55 in the next few days and, with no sign of any meaningful demand, it is just as likely to be approaching $0.50 by the time the annual results are released at the end of August.
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