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1.14% 8.9¢ redflow limited

Ann: Entitlement Offer - Extension of Closing Date, page-10

  1. gcabbar
    16 Posts.
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    04/07/23
    16:47
    Post #: 68616236
    Can someone explain to me as a newbie around here.

    They offer more shares for the price of 0.21 which is the market value anyway. So if I can buy it from markets for the same amount why do I need to do this extra shares via company's entitlement offer?
    RFX Price at posting: 20.5¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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