Ok, I intend to take up my full entitlements for the reasons in the link below.
REDIVIUM LIMITED (ASX:RIL) - Ann: Entitlement Offer - Prospectus, 76874062, page-2 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum
The BOD has delivered an ultimatum to all shareholders, pay up or lose your investment!!
REDIVIUM LIMITED (ASX:RIL) - Ann: Pro-Rata Non-Renounceable Entitle Offer & Company Update, page-1 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum
REDIVIUM LIMITED (ASX:RIL) - Ann: Request for Extension of Voluntary Suspension, 76826565, page-1 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum
So, if that's the case, I would like to return the favour & deliver an ultimatum back to the BOD.
DO SOMETHING!! Stop talking & more action.
I've been listening to Chris yapping away for the last 8 years, enough is enough.
In saying that, many of us (including myself) have been here for a long time & a lot have been waiting 3+ years for this battery recycling venture to materialise. I don't know MOLC personally, but my gut instinct tells me that he's been working hard there in Europe for a number of years building relationships. I want to think MOLC & the crew have worked too hard for too long to let this opportunity go. That's just how I feel about the situation, but I could be wrong, who knows. I don't want to seem ungrateful, so I do appreciate all the efforts so far. I want to see how this investment continues to develop, which is another reason I will take part in the CR.
Plus, I want the opportunity to average down below is the calculator I use to do that.
Average Down Stock Calculator ― JustinTOOLs.com
I only want to take part in one more CR & that's to build a god forsaken plant already!
Just three shareholders will raise 20% of the minimum amount of $1m, that's NMT, MOLC & Mr Murray, the Chairman of RIL.
REDIVIUM LIMITED (ASX:RIL) - Ann: Entitlement Offer - Prospectus, 76869504, page-1 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum
A lot of risk here, but that's how the speccy market operates. High risk with high reward.
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