Reading more than one announcement is the key here...
RTL have clearly stated that they plan to raise funds "at a price of not less than $0.20 each". It's in the best interests of current shareholders IMO that the price is pushed higher in order to minimize dilution considering there is a planned share consolidation "at a ratio to be determined".
DYOR!
JB
PS: Downside, it would be great to get an update on who was responsible for the massive volumes on Friday!?!
RTL Price at posting:
4.5¢ Sentiment: LT Buy Disclosure: Held
