it was very short notice to raise such a large amount , most people wouldnt have had spare cash to participate.
also -they prob. had to bid 1-150m more than they wanted so anglo didnt take up the offer...
lets say we offered 100m less and anglo took up the offer - holders would have been angry & whinging why we didnt pay more ???
im of the opinion that RRL knew where the line in the sand was ??? probably via a friendly beer with anglo bosses ???
Ann: Completion of Retail Entitlement Offer, page-4
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Last
$2.00 |
Change
-0.030(1.48%) |
Mkt cap ! $1.510B | |||
| Open | High | Low | Value | Volume |
| $2.04 | $2.05 | $2.00 | $6.243M | 3.102M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 59921 | $2.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.02 | 80765 | 4 |
View Market Depth
| Last trade - 16.10pm 03/10/2024 (20 minute delay) ? |
| RRL (ASX) Chart |