RXL 0.00% 14.0¢ rox resources limited

Ann: Entitlement offer to raise up to $7.62 million, page-8

  1. 2,449 Posts.
    lightbulb Created with Sketch. 1808
    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
 
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