There are people there who would happily stay for an extra 20G.
Yes, correction required on my part. There probably would be 1 or 2 that would stay on - but no more.
Rex are at the point where either they do something about retention or they close the doors.
Why would they be contemplating closing the doors when they are profitable and expect to remain so for the forseeable future?
The REX closing share price went from from $2.35 on 01 Oct 2007 to $2.12 on 07 Oct 2007, and this morning's latest ASX closing price for REX is $2.06.
I wouldn't be getting too excited about the share price. It was about $2.14 in mid August, then made a steady rise up to about $2.75 in early October.