Yes mostly because of cost and difficulty. The disclosure requirements are much more onerous where not to sophs or professional investors, eg the need for a prospectus.
Supposed to be a protection measure, and sure it does avoid non-sophs for falling for some scammy companies, but it also stops many of the same people from getting a leg up on some great deals, so I don't agree with it (though as a soph it doesn't actually affect me). Getting to sophisticated status was a real battle for me, took several years...but once I got there having access to these deals just made it so much easier.
As for this particular raising, I've had this company on my watchlist for a fair while. Never jumped in, but will try to get some access to the placement.
Cdchi1
- Forums
- ASX - By Stock
- Ann: Fully Underwritten A$12M Placement
Yes mostly because of cost and difficulty. The disclosure...
- There are more pages in this discussion • 33 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add PRX (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $5.034M |
Open | High | Low | Value | Volume |
0.3¢ | 0.3¢ | 0.3¢ | $49 | 19.61K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
42 | 56088282 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.3¢ | 11335235 | 8 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
42 | 56088282 | 0.002 |
19 | 83000100 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.003 | 11335235 | 8 |
0.004 | 15738918 | 13 |
0.005 | 9674000 | 7 |
0.006 | 5480129 | 8 |
0.007 | 766666 | 3 |
Last trade - 15.18pm 02/05/2024 (20 minute delay) ? |
|
|||||
Last
0.3¢ |
  |
Change
0.000 ( 0.00 %) |
|||
Open | High | Low | Volume | ||
0.3¢ | 0.3¢ | 0.3¢ | 170000 | ||
Last updated 10.41am 02/05/2024 ? |
Featured News
PRX (ASX) Chart |
The Watchlist
RDN
RAIDEN RESOURCES LIMITED
Dusko Ljubojevic, MD
Dusko Ljubojevic
MD
SPONSORED BY The Market Online