They expected more investors to take up the DRP, so they have covered for that by placing the shortfall. The motive is unclear apart from the generic "capital management" term.
It is not a great for existing investors as their holding has been diluted, though the placement is quite small.
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Last
$1.96 |
Change
0.015(0.77%) |
Mkt cap ! $123.6M | |||
| Open | High | Low | Value | Volume |
| $1.95 | $1.97 | $1.95 | $55.02K | 28.10K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 1091 | $1.96 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.97 | 331 | 1 |
View Market Depth
| Last trade - 15.02pm 07/08/2025 (20 minute delay) ? |
| RFG (ASX) Chart |