Raise isn't fully underwritten bro so it could end up being pulled. Which will likely happen the the SP drifts below the proposed CR price.
They didn't need to offer a discount. raise close to the current SP with low strike oppies and they'd be able to get like 40% of the CR $ they were after
RXL Price at posting:
18.0¢ Sentiment: Sell Disclosure: Not Held
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