I think directors said they'll sub-underwrite 6.5m shares at $0.06? $375k divided by 5 directors = $75k each average. Not crazy relative to their wages, but still significant.
So $0.05 is a fairly crazy price to be trading at so soon after the raising.
Ann: Notification regarding unquoted securities - RCL, page-2
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Last
10.5¢ |
Change
0.005(5.00%) |
Mkt cap ! $14.62M | |||
| Open | High | Low | Value | Volume |
| 10.0¢ | 10.5¢ | 10.0¢ | $6.152K | 61.01K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4674 | 10.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.0¢ | 29611 | 1 |
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| RCL (ASX) Chart |