RED 2.70% 36.0¢ red 5 limited

Ann: Completion of fully underwritten $90 million equity raising, page-49

  1. 405 Posts.
    lightbulb Created with Sketch. 56
    big companies have just bought 90 million at 13.5 cents.

    Not all the same companies who bought in at 16 cents as they learnt their lesson.

    Broker reports have them as low as 7 cents. They have the assets but not the management.
    Good luck with your investment
 
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