RCR 5.56% 3.4¢ rincon resources limited

Ann: Trading Halt, page-108

  1. 11,580 Posts.
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    For WA1 the price opened well above their initial capital raise price when exploring West Arunta early on. It does not always fall back. Generally, it does if the market is negative and the sector is struggling. However, for us, all our commodities are booming and our register is tight so I would not be surprised if we opened again strongly. It will all depend on the terms of the raise IMO.
    Last edited by coto: 20/05/24
 
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