In the instance of a capital raise, unfortunately given the insto shareholders have been burnt big on RED, I don't think there will be much appetite from these holders. I am not sure a $1.10 would be the right level. I think it will have to be a deeply discounted rights issues (ie sub 80cps) to get sufficient interest from the insto community. And it will be the insto holders who control this process, should it eventuate.
- Forums
- ASX - By Stock
- Ann: Quarterly activities report
In the instance of a capital raise, unfortunately given the...
-
- There are more pages in this discussion • 17 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add RED (ASX) to my watchlist
(20min delay)
|
|||||
Last
42.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.891B |
Open | High | Low | Value | Volume |
43.5¢ | 43.5¢ | 41.5¢ | $8.377M | 19.72M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
71 | 1662807 | 41.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
42.0¢ | 744820 | 27 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
56 | 1567229 | 0.415 |
29 | 1627707 | 0.410 |
18 | 1365530 | 0.405 |
25 | 1069511 | 0.400 |
9 | 1793128 | 0.395 |
Price($) | Vol. | No. |
---|---|---|
0.420 | 818460 | 24 |
0.425 | 2622817 | 40 |
0.430 | 1668569 | 28 |
0.435 | 2648876 | 28 |
0.440 | 2244799 | 32 |
Last trade - 15.04pm 12/07/2024 (20 minute delay) ? |
Featured News
RED (ASX) Chart |