REX INTERNATIONAL is offering its IPO at $0.50 per share for a listing on the Catalist board. So what is the business of REX INTERNATIONAL? Well REX INTERNATIONAL is an oil mining and exploration company and immediately this brings me back to another recent IPO with a similar theme and that is Kris Energy. To be frank, there is such a flurry of IPO on the Singapore Stocks Markets that it can be tricky to name the IPOs that are open for subscription and not to mention the different dates that the different IPOs close. The highlight of REX International is that it has a kind of technology that can help the company to pinpoint with a good degree of precision where oil in an oil well resides for its mining and extraction. If you ask me whether I will buy this IPO stock, I will have to tell ......
