If the shareholders choose not to take up the offer;
"the Board also reserves the right to place any Shortfall Shares at their discretion within three months after the Closing Date."
Fairly normal if the offer is not underwritten. Redflow has a reasonable chance of getting some or more of the funding needed, we may not like who they are placed with, or the dilution but more of the funding will probably arrive.
If the shareholders choose not to take up the offer;"the Board...
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Last
10.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $24.89M | |||
| Open | High | Low | Value | Volume |
| 11.0¢ | 11.0¢ | 10.5¢ | $88.50K | 816.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 158202 | 10.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.0¢ | 188919 | 3 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
10.5¢ |
Change
0.000 ( 4.55 %) |
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| Open | High | Low | Volume | ||
| 11.0¢ | 11.0¢ | 10.5¢ | 70145 | ||
| Last updated 15.38pm 03/05/2024 ? | |||||
| RFX (ASX) Chart |