RLC 0.00% 0.3¢ reedy lagoon corporation limited

Ann: RLC underwritten rights issue at 2.5 cents to raise $3.5m, page-68

  1. 7,457 Posts.
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    It’s a hard one id expect a bit of selling ex rights but it would be very short lived as investors will be ready to hoooover up any loose stock fast

    with this very low market cap and the potential massive upside I don’t see much downside

    CCZ was a perfect example not one bit of selling from .032 cent capital raise straight to .066 cents low mcap quality project huge upside ....!

    And no selling at RNU capital raise at .017 went straight up to .035 cents....! Low mcap massive resource blue sky potential

    RLC

    You can have a bet each way buy some now and then buy some after

    Either way the fundermentals are outstanding this will multi bag on good drilling results no problem

    My thoughts not financial advice

    All imo
 
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