I note that Dr Graham Melrose has sold a parcel of 1 576 923 shares through this raising as well, increasing the shareholder base in the company.
This also increases the free float and unlocks some of the top 20 holding without dilution.
His consideration is just over $2 million and I feel this is a great outcome for him, he has worked hard and deserves reward.
I also feel that this raising goes a long way to opening the company up for trading and increased trading activity, a good thing.
I do not like dilution, but it is sometimes unavoidable to geT forward movement.
RED
- Forums
- ASX - By Stock
- RCE
- Ann: Recce Completes Capital Raising of $27.95m
Ann: Recce Completes Capital Raising of $27.95m, page-8
-
- There are more pages in this discussion • 36 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 RCE (ASX) to my watchlist
|
|||||
Last
51.3¢ |
Change
-0.038(6.82%) |
Mkt cap ! $118.6M |
Open | High | Low | Value | Volume |
55.0¢ | 55.0¢ | 50.0¢ | $146.0K | 278.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 43261 | 51.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
52.5¢ | 34555 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 43261 | 0.510 |
1 | 2928 | 0.505 |
3 | 34692 | 0.500 |
2 | 13063 | 0.485 |
4 | 12013 | 0.480 |
Price($) | Vol. | No. |
---|---|---|
0.525 | 30000 | 1 |
0.530 | 10000 | 1 |
0.535 | 21000 | 1 |
0.540 | 25000 | 1 |
0.545 | 26834 | 2 |
Last trade - 15.48pm 10/09/2024 (20 minute delay) ? |
Featured News
RCE (ASX) Chart |