Ann: Red 5 launches capital raising, page-39

Much, if not more, of the criticisms levelled at RED are accurate (some are sour grapes).

But that's only one side of the equation. The other is price.

Remember "underwritten" for instos/sophs; that's a huge vote of confidence by the broker. The fact that the offering to investors is "underwritten" is outstandind, demanding notice!

Then there's the share price: It's cheap!

At some point price meets risk and it's a BUY.

OV
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