"The dilution will occur in the last week of November and again in December. At these points in time the SP will dilute by 90%."
Are you absolutely sure that's how it works? Considering that in return for the dilution RFG gets a huge lowering of debt. If your analysis is correct then the share price will fall to around 1.5c, yet they are pitching their placement at 10c and it is being taken up by sophisticated investors. Doesn't that seem a bit odd to you? I put it to you that you don't know what you're talking about, but am prepared to apologise if you can explain in clear terms why the extra shares on issue are 9 x more significant than the debt lowering implications of the restructure.
- Forums
- ASX - By Stock
- RFG
- Ann: Trading Halt
Ann: Trading Halt, page-115
-
-
- There are more pages in this discussion • 43 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 RFG (ASX) to my watchlist
(20min delay)
|
|||||
Last
7.0¢ |
Change
-0.003(4.11%) |
Mkt cap ! $174.4M |
Open | High | Low | Value | Volume |
7.3¢ | 7.3¢ | 6.9¢ | $13.97K | 200.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 101449 | 6.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
7.1¢ | 14085 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 101449 | 0.069 |
4 | 286456 | 0.068 |
5 | 229854 | 0.067 |
7 | 459018 | 0.066 |
9 | 1228314 | 0.065 |
Price($) | Vol. | No. |
---|---|---|
0.071 | 14085 | 1 |
0.072 | 278454 | 3 |
0.073 | 1389225 | 7 |
0.074 | 1590650 | 5 |
0.075 | 35100 | 3 |
Last trade - 15.59pm 06/09/2024 (20 minute delay) ? |
Featured News
RFG (ASX) Chart |