Not sure how RZI is going to Raiz (pun) $3m at $1.50 a share when the SP is well below that. They need to either lower the SPP figure or find institutional/sophisticated investors to jump onboard. Regardless the price they're asking for is not a feasible investment for anyone wanting to invest when you can just buy the shares on market at its current price.
I am hoping to see either the company or institutions buy up all the sell orders to put the price above $1.50 to make this more feasible for the retail investors.
Ann: Raiz Invest Limited - Share Purchase Plan (SPP), page-3
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Last
44.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $45.19M | |||
| Open | High | Low | Value | Volume |
| 44.0¢ | 44.0¢ | 42.0¢ | $2.574K | 6.037K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 21939 | 42.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 44.0¢ | 31004 | 3 |
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| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| RZI (ASX) Chart |