I think it’s highly likely another announcement will drop before the CR closing date, and that will cause a bounce in price. I’m not a holder, so can’t participate in the CR, but it seems so probable that I’m almost tempted to buy on market for a quick snatch at that bump. Will need to read the announcement very carefully - they’re a little prone to announcing things that sound brilliant at first and then fizzle. It would need to be an actual profitable contract for the bump to become a sustained rise.
Ann: Entitlement Offer - Extension of Closing Date, page-23
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Last
10.5¢ |
Change
-0.005(4.55%) |
Mkt cap ! $27.74M | |||
| Open | High | Low | Value | Volume |
| 11.5¢ | 11.5¢ | 10.5¢ | $3.086K | 27.77K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 134051 | 10.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.5¢ | 2134 | 1 |
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| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| RFX (ASX) Chart |