Hi (didn't see a name by which to address you)....the 14c was the price the shares opened at the day they were listed on ASX.
Actually no-one advised me to buy the shares. Because I was disgusted at the pittance my (small) savings were collecting in bank interest, I started to look at the share market and subscribed (free) to various companies, including one called On Market who were offering the IPOs . No mention of RTOs. As they appeared to be starting up (INITIAL) I assumed they would at least hold the offer price of 20c, until of course they flopped (and I would understandably lose, or succeed ,and I would gain.)
What I don't understand is why , I have seen no-one querying this (or I don't know where to look).
Have I any recourse to the co. offering the shares as IPO, rather than RTO?.
Thank you so much for your advice and time.
WML Price at posting:
16.5¢ Sentiment: Hold Disclosure: Held
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