RED 4.17% 34.5¢ red 5 limited

Ann: Completion of fully underwritten $90 million equity raising, page-268

  1. 1,677 Posts.
    lightbulb Created with Sketch. 235
    While I "read" but did not "peruse" the Offer Document I did not note anything that would indicate any "scale back" possibilities. Shares should be issued tomorrow so suddenly many millions of shares will be available for sale for which the punters would have paid 13.5c. Many would have dived in when the sp was 18c towrds the end of the offer period with "short term" cash. My bet is that the sp will collapse rapidly at least for a time. Fortunately I have had some to sell in advance of this event.
 
watchlist Created with Sketch. Add RED (ASX) to my watchlist
(20min delay)
Last
34.5¢
Change
-0.015(4.17%)
Mkt cap ! $2.346B
Open High Low Value Volume
35.0¢ 35.5¢ 33.8¢ $12.95M 37.54M

Buyers (Bids)

No. Vol. Price($)
12 1053665 34.0¢
 

Sellers (Offers)

Price($) Vol. No.
34.5¢ 127427 3
View Market Depth
Last trade - 16.10pm 06/08/2024 (20 minute delay) ?
RED (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.