This is a real test for existing shareholders. RFX are (quite rightly) offering existing shareholders the opportunity to support the company's growth plans. If shareholders take up this offer aggressively, RFX will, I believe, turn the corner and start an exciting recovery. Without strong support from existing shareholders, RFX will still manage to get the financing they need, but, at the expense of existing shareholders.
Definitely: There are two ways for this can go.
They really need another major project announcement, or at least teaser, to get this CR across the line.
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