Unfortunately it seems that when ever RFX undertakes a CR, it has been smarter to not participate and put money into the company after the CR to get RFX shares cheaper - this doesn't help the company of course. Markets are down and there are still fears of recession. RFX is cold calling in relation to the CR. These calls can have the opposite effect to their intention if people see it as a sign of desperation and a failing CR. Debt at this stage, without decent income being generated to cover starts the clock ticking and puts more pressure on. This is only good if added pressure ramps up forward orders. I don't think it would.
Unfortunately it seems that when ever RFX undertakes a CR, it...
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Last
10.5¢ |
Change
-0.005(4.55%) |
Mkt cap ! $27.74M | |||
| Open | High | Low | Value | Volume |
| 11.5¢ | 11.5¢ | 10.5¢ | $3.086K | 27.77K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 134051 | 10.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.5¢ | 2134 | 1 |
View Market Depth
| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| RFX (ASX) Chart |