RFX 4.55% 10.5¢ redflow limited

Ann: Entitlement Offer - Extension of Closing Date, page-52

  1. 257 Posts.
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    I am out. I have decided I will not participate in the raising without the moving to close contract being announced. As the say money talks ***** walks. I have bought about half of my entitlement on market at 19.5 cents. (7 percent discount to raising price). I can't believe why anyone will hand over cash knowing they will be immediately in the red. They have untill Tuesday to extend the offer closing date which I suspect they will do. At which point I will reassess my participation in the raising. Goodluck.

 
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11.5¢ 2134 1
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