RLC 0.00% 0.3¢ reedy lagoon corporation limited

At 2.5c, the EV is $4 million. One would assume that most...

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    At 2.5c, the EV is $4 million.

    One would assume that most shareholders will take up the rights issue.

    This should mean minimal shortfall shares for those at Pattos. Therefore, it is unlikely that there will be much selling from the 708 underwriters.
 
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