RFG 1.32% 7.5¢ retail food group limited

Ann: Trading Halt, page-117

  1. 5,854 Posts.
    lightbulb Created with Sketch. 1423
    The dilution is locked in now, so it's already accounted for in the SP. The 'dilution dates' that the poster was mentioning has little effect, except that people will begin 'holding' the shares in their account, so they can easily sell to take a profit if the SP was above the $0.10 that they paid, so on those dates, the SP might move towards $0.10.

    The $0.10 of added capital per newly issued share means that the SP gets diluted from $0.17 towards $0.10, not $0.17 towards $0.00. $0.17 being diluted by 900% or something towards $0.10 means that the theoretical ex-dilution price would be about $0.107, but the improvement in the company outlook could even mean the underlying value is $0.15, even though most investors will be paying $0.10.
 
watchlist Created with Sketch. Add RFG (ASX) to my watchlist
(20min delay)
Last
7.5¢
Change
-0.001(1.32%)
Mkt cap ! $186.7M
Open High Low Value Volume
7.7¢ 7.7¢ 7.5¢ $158.4K 2.089M

Buyers (Bids)

No. Vol. Price($)
4 58116 7.5¢
 

Sellers (Offers)

Price($) Vol. No.
7.6¢ 29956 2
View Market Depth
Last trade - 16.10pm 30/07/2024 (20 minute delay) ?
RFG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.