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1.33% 7.4¢ retail food group limited

Can someone explain this is to work. Logically if they add 1.5b...

  1. AtomicSpoon
    132 Posts.
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    11/10/19
    19:52
    Post #: 40844784
    Can someone explain this is to work.
    Logically if they add 1.5b shares there are 9 times or so shares.
    Wouldn’t the existing shares be worth about 20/9 i.e. 3c rather than 10c.

    i.e why is the raising price so high?
    RFG Price at posting: 17.0¢ Sentiment: Sell Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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