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Ann: Redflow Placement update, page-27

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toli

126 Posts.

47

04/07/23

09:47

Post #: 68603486
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Originally posted by simonmag: ↑

They either need to extend it so they can finalize the moving to close contract or cancel it. If you were wanting to increase your shareholding you can buy on market at a 5 percent discount to the raising price. I think RFX have totally misread the room and the raising will be very poorly supported. Unfortunately if that eventuates the sp will drop. For those of you who think there is good news imminent please tell me why RFX did not wait for that good news before attempting to raise capital. I am very frustrated and disappointed.

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You are right on the money. More than disappointed myself.

RFX Price at posting: 19.5¢ Sentiment: Buy Disclosure: Held
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