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9.7¢ redflow limited

Ann: Redflow secures c$2.5million at 30% premium, page-31

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SimonGr

3,447 Posts.

940

09/02/23

19:55

Post #: 66166612
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Originally posted by MattKeaton: ↑

I haven't investigated. And I am no expert, but it seems like on the face of it the share price range and liquidity would not have prevented them from buying the same parcel on market at a similar or cheaper price (though over an undefined duration of time, obviously). If that logic is sound, there simply must be a specific incentive to pay the premium and organise the placement, instead of buying on market. That incentive is not disclosed.
Thoughts?

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Agree - that’s why time will tell. I have an idea on what the quid pro quo could be, but it’s complete speculation so I won’t post.

RFX Price at posting: 20.5¢ Sentiment: None Disclosure: Not Held
4 Upvote

0 Great analysis

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