RWD 28.6% 4.5¢ reward minerals ltd

Renounceable Rights, page-46

  1. 6,581 Posts.
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    Hi ,
    I disagree on the manipulation, I think the share price is just drifting towards the offer price , as you would expect.

    Very few people outside present holders give a rat's rectum about RWD , and those that do ,will have plenty of access thru the sub underwriting.
    What's the bet that like an spp , they will allow small holders to buy more than their entitlements anyway . If they do , then the entitlements are likely to end up next to worthless.

    As well , if you buy any quantity of RWD , you are stuck with it , the volumes have been , and are likely to stay miniscule.
    Exiting any excess someone might have , may be difficult.
    So anyone trying for a stag will be disappointed .

    cheers
 
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