At 2.5c, the EV is $4 million.
One would assume that most shareholders will take up the rights issue.
This should mean minimal shortfall shares for those at Pattos. Therefore, it is unlikely that there will be much selling from the 708 underwriters.
Ann: RLC underwritten rights issue at 2.5 cents to raise $3.5m, page-36
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Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $1.523M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 11084500 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 8165179 | 8 |
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