1) The share price is above the Offer price.
2) The attached options are arguably worth much more than the shares.
3) I contacted the company to get some gauge of how many additional shares I could get my hands on and there was no desperation at all or a suggestion that there were plenty available.
This offer will be fully subscribed.
Ann: Entitlement offer to raise up to $7.62 million, page-54
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 (20min delay)
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Last
17.0¢ |
Change
0.010(6.25%) |
Mkt cap ! $69.80M | |||
| Open | High | Low | Value | Volume |
| 16.0¢ | 17.0¢ | 16.0¢ | $58.09K | 356.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 114697 | 16.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.0¢ | 173944 | 4 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| RXL (ASX) Chart |