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5.06%

8.3¢ respiri limited

Ann: Bidder's Statement, page-39

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135 Posts.

48

05/05/21

11:10

Post #: 52949173
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Originally posted by jamwolf: ↑

ADR shareholder here. You're now trading 32% below VWAP, making the bid worth 1.57c to Adherium shareholders. We currently trade at 1.9c.

In any event, we raised $18m plus $3.5m debt to equity conversion, mainly from our top 5 shareholders who own 70% of our equity. Why would we give that money to you ?

Your directors have just torched a few hundred grand on a total long shot. A few phone calls would have saved the cost and bother.

Strange.

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So you have raised $21.5 M capital against a company the market values at $15.3 M today what a bargain !
Do you buy property in the same way?
How can you be satisfied with the Board's performance?

RSH Price at posting: 11.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 8.3¢		Change 0.004(5.06%)		Mkt cap ! $104.5M

Open	High	Low	Value	Volume
8.1¢	8.3¢	7.8¢	$35.87K	449.2K

Buyers (Bids)

No.	Vol.	Price($)
2	112124	8.1¢

Sellers (Offers)

Price($)	Vol.	No.
8.3¢	16677	2

View Market Depth

No.	Vol.	Price($)
1	100000	0.081
3	125421	0.080
1	14482	0.079
2	147847	0.078
2	231602	0.077

Price($)	Vol.	No.
0.083	16677	2
0.084	113407	2
0.085	139280	2
0.087	15000	1
0.088	300000	2

Last trade - 13.19pm 06/11/2024 (20 minute delay)

RSH (ASX) Chart