RMA 0.00% 0.0¢ reeltime media limited

prospectus, page-3

  1. 2,986 Posts.
    Even though I run the risk of ridicule by posting in answer to pishgutz, I suspect given the share price action these past two days that the market is saying that the prospectus price was too high. Whilst I undrstand how newtrader got a bit carried away early last week, he shouldn't contemplate a career in fortune telling going on the content of this post:

    "last trade 2.8c, or 0.03 higher than prospectus!!!!!

    this will run away next week when the lid comes off and prospectus expires."

    Understandable wishfull thinking, but unrealistic all the same.

    Reality seems to be that the high priced options are not the attraction some may have wished. A capital raising closer to the last close price re suspension might have been more attractive, but the down side naturally is less income. However I strongly suspect they haven't raised anywhere near what they had expected.
 
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