Yes, I thought it through very clearly. I know they are raising capital for their operations, and I know I will receive 1:2 shares I already own at the Record Date appear paying for my full entitlement. The ***king "consolidation" was needed and while you say RFX shot themselves in the foot, look at it this way, the price you can pickup in the offer is at a bargain price of 0.21 cents with the company currently valued at $36.85M, a steal IMO.
Ann: Entitlement Offer - Extension of Closing Date, page-14
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Last
10.5¢ |
Change
-0.005(4.55%) |
Mkt cap ! $27.74M | |||
| Open | High | Low | Value | Volume |
| 11.5¢ | 11.5¢ | 10.5¢ | $3.086K | 27.77K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 134051 | 10.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.5¢ | 2134 | 1 |
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| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| RFX (ASX) Chart |