Originally Posted by
1A_Please
Safe to say, it is likely that REX will be suspended from quotation on Monday and when/if is appears back available for trade the actual price could be somewhere between $0.05 and $0.20.
It's a bit hard to say without knowing where they've landed this FY.
My view - and it's just an opinion - is that they are probably worth a bit more than that, given the variety of potential revenue streams that they have. I'm also a view that, while they have basically just sleepwalked their way into this predicament, they've at least called in administrators before they have completely exhausted all their cash. Things MIGHT be salvageable (emphasis on MIGHT).