RFX 4.55% 11.5¢ redflow limited

Ann: Entitlement Offer - Extension of Closing Date, page-14

  1. 2,643 Posts.
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    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.
 
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