RIL 50.0% 0.3¢ redivium limited

Ann: Hannans - Expansion to Major European EV Markets, page-117

  1. 785 Posts.
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    I actually do not understand. Is everyone here immune to reading the whole ann?
    A cap raise is happening. Read the announcement. Dilution.
    The green house deal = 540 million shares. Dillution.
    Prove to me you have an idea of what the market cap should be worth.
    The recent rise was based on speculation. It did not account for this huge amount of dilution. The person who dumped shares today CLEARLY doesn't think this company is worth their time anymore OR they are planning to buy back in at 3.5c or lower. I love getting called a pest when all I have done is presented the announcement information that the majority of posters here choose to ignore. Go find a company that did a cap raise and didn't fall below cap raise price. News flash for you. If it isn't a company creating profit and cashflow then 90% of the time it will fall below CR price.

 
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