RYG 0.00% 3.3¢ raya group limited

The only way is to purchase shares off line before relisting is...

  1. 429 Posts.
    The only way is to purchase shares off line before relisting is off a holder using a transfer note then you can place them on the market reasonably quick . Unless you really know what your doing and along with the the suspension it would be the practice to use a lawyer as part of the process. You would be battling to find someone willing to give them up at the moment and they would be hesitant as well if they don't know the transfer process.
    With large amounts of shares this can be the best practice as the SP won't move while trading.
    Anybody trading in Western Areas a few years ago will remember their biggest shareholder Terry Streeter made a 2mill$ off line sale to pay a tax bill , the purchaser payed about 2.28 when they were trading at 2.95 .
    In Raya's case it will be the other way at the moment , they may want 10c a share.
    Really we don't know how the SP is going to go so best to be ready on opening .
    My belief is after the initial opening more than half the trades will be carried out by robot trading if the investment banks wish to enter, tweaking the algorithm's daily, so it will fry some retail investors minds .
    If alls well we hope to be sitting on clover in the short term
 
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Currently unlisted public company.

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