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5.00% 4.2¢ rincon resources limited

AFR article, page-5

  1. sabine
    18,510 Posts.
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    27/08/18
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    Post #: 35205569
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    https://www.copyright link/street-t...-recap-to-rip-off-the-bandaid-20180826-h14il5

    Troubled contractor RCR Tomlinson is asking investors to back a proposed recapitalisation plan designed to overcome big losses on a problematic contract and shore up the company's future.
    Street Talk understands RCR is seeking support for a $100 million-odd equity raising at a big discount to its last close, to ensure it is financially viable and can afford to keep bidding for new projects. .....
    RCR Price at posting: $2.80 Sentiment: Sell Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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