RLG 0.00% 0.4¢ roolife group ltd

Ann: RLG completes placement to strategic investor raising $1.7m, page-12

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  1. 5,819 Posts.
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    I am always comfortable with big investors. they provide good capital. hence why they get the red carpet. I got wind of this a few weeks back and in the end the timing may be slightly wrong due to the other bit of news. I am not sure what he will bring to the table but hope your right @william. What I would like to see tomorrow is further on market support. it may not come from him directly but his cohort that he will
    bring with him. Any deals hopefully are not far away. Don't judge what happens tomorrow but what happens over the next months with this investment. His shares will be sticky for now so I have no issue about solution etc. The need for capital is now settled where you may have got hundreds of investors for a raise of similar magnitude and then you get the staggers coming out for weeks. If there is pull back it will be brief I reckon. Interesting days.
 
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