RAP 0.00% 20.5¢ raptor resources limited

Ann: Trading Halt, page-83

Currently unlisted. Proposed listing date: 4 SEPTEMBER 2024 #
  1. 6,822 Posts.
    lightbulb Created with Sketch. 868
    Yes agree...sit it out and stay frosty. They said they wouldn't be into cash flow until early 2019...lts call it Feb/Mar. So they are only raising a paltry $5m which will allow them to cruise past the "early next year point".
    I think TK said "at this stage" when asked if enough cash on hand. I don't read anything worrying into this...dilution (22c) means very easy raising no drama and money for jam for the investors...only 23 million or so shares (3.5%?) with low dilution rate so cop it sweet and allow the amazing future of ResApp to unfold in a troublefree and easy fashion.
    Just sit back and plan how you are going to reinvest your dividends.
    All IMHO but I reckon its no big deal...get the cash in fast whilst allowing a discount to the Sophs for the tiny chance of USA results having a glitch in them.
    Otherwise, the raising would have been at 25 cents for twice as much and that would have been cause for concern.
    Job's right! (I hope lol)
 
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