I have a feeling that it is the turning point for the company . This capital raise is a perfect opportunity for current holders to average down hugely. if you don't participate I think you will not gain much of your investment back due to dilution effect. if you do , I think there will be good news to follow to pump the share price to a desirable level . I have seen these type of games before. I expect good news encouraging holders to participate in the entitlement offer.
all in my opinion
UP In Arms, page-74
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Last
10.0¢ |
Change
-0.005(4.76%) |
Mkt cap ! $26.42M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 10.5¢ | 10.0¢ | $337 | 3.249K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 33121 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 19512 | 3 |
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| Last trade - 15.59pm 19/07/2024 (20 minute delay) ? |
| RFX (ASX) Chart |