RSH 0.00% 2.9¢ respiri limited

Ann: Proposed issue of Securities - RSH, page-133

  1. 112 Posts.
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    Overall I think the strategy to acquire a complimentary and synergistic technology is a smart one for RSH, providing a complete monitoring solution for asthma patients and adding further diversification to the portfolio.
    What is puzzling me is how does ADR conduct a capital raise that is larger than the company's current market cap ?
    So investors are giving the Board more money than what the market says the company is worth today ?
    Can anybody explain that for me?
 
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