RLC 14.3% 0.3¢ reedy lagoon corporation limited

Ann: RLC underwritten rights issue at 2.5 cents to raise $3.5m, page-86

  1. 1,340 Posts.
    lightbulb Created with Sketch. 29
    This has gone gangbusters. I'm not touching this if it doesnt pull back.

    Looking @ >$25mln Mcap on a company that was trading at shell value starting the year.

    Its worth a punt around the 10-20mln mcap range but anything more and the risk/return starts getting unattractive.

    @fletch28 Thanks for heads up. That makes more sense.
 
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