RDH redhill education limited

News: RDH Redhill Education Announces Capital Raising Of About $12.0 Mln, page-3

  1. 8 Posts.
    hi rob,
    according to the prospectus you will receive an offer to participate after the initial institutional placement is complete, which I recall is 18th June. Then they will open the placement to retail (existing shareholders), you will receive the letter in mail with a form that you can fill in and pay via BPay etc. according to the Ann, they're not putting a limit so u can buy as much as you like unless there's a scale back.
    so if you wanted to buy say $100k, you will probably get all of it, but if there's a scale back, say each person can only purchase $50k of shares, they will refund you the $50k.

    given that volume I've seen, I'd say you're going to get as much as you want without scale back. it's really good to see a company offer almost 2x the amount to retail vs insto, giving us plenty of opportunity to participate.
 
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