RFG 0.00% 7.9¢ retail food group limited

Ann: Share Purchase Plan, page-5

  1. 5,748 Posts.
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    One website says 54% of RFG is held by retail holders. About $13-14m of the current market cap attributable to retail holders.

    With a $20m raising going to retail, full subscription would mean every holder getting 150% of their current holding.

    Since we've lost so much value already, my holding is down to $1k. In my case I am applying for $10k on a $1k holding. 10x my holding instead of 1.5x.

    If many people do like me, then it'll be oversubscribed.

    If I was not expecting a scaleback, I might have applied for $5k, but I didn't want to get scaled back to $3k. So I applied for $10k instead, to possibly be scaled back to $6k (random guess).
 
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