Can someone explain this is to work.
Logically if they add 1.5b shares there are 9 times or so shares.
Wouldn’t the existing shares be worth about 20/9 i.e. 3c rather than 10c.
i.e why is the raising price so high?
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$1.98 |
Change
-0.060(2.94%) |
Mkt cap ! $125.8M | |||
| Open | High | Low | Value | Volume |
| $2.04 | $2.04 | $1.98 | $33.84K | 16.86K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 63 | $1.97 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.01 | 4659 | 1 |
View Market Depth
| Last trade - 11.07am 21/07/2025 (20 minute delay) ? |
| RFG (ASX) Chart |