Most capital raises carry a rebate of 15 to 20% to institutional investor. Had they just done a more “traditional” raise they would have had to sell the shares to the institutional investor most likely at 5.1 to 5.4 cents per share.
I think this raise looks potentially much better. Us retail investors might get the best deal at 5.9 cents. The institutional investor can easily end up paying much more for their shares.
- Forums
- ASX - By Stock
- Ann: Redflow Undertakes Capital Raising to Support Growth
Most capital raises carry a rebate of 15 to 20% to institutional...
-
- There are more pages in this discussion • 23 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 RFX (ASX) to my watchlist
|
|||||
Last
8.9¢ |
Change
0.001(1.14%) |
Mkt cap ! $23.52M |
Open | High | Low | Value | Volume |
8.9¢ | 9.3¢ | 8.8¢ | $11.41K | 128.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 453 | 8.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
9.0¢ | 24154 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 453 | 0.089 |
1 | 1595 | 0.087 |
1 | 11716 | 0.085 |
3 | 72114 | 0.084 |
4 | 101259 | 0.083 |
Price($) | Vol. | No. |
---|---|---|
0.090 | 24154 | 1 |
0.092 | 7177 | 1 |
0.094 | 82350 | 2 |
0.097 | 50000 | 1 |
0.100 | 206450 | 2 |
Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
Featured News
RFX (ASX) Chart |
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online