RZI 2.70% 38.0¢ raiz invest limited

Not sure how RZI is going to Raiz (pun :D ) $3m at $1.50 a share...

  1. 140 Posts.
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    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.
 
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