RZI raiz invest limited

"SWM will take a strategic investment of a 6.6% stake in Raiz...

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    "SWM will take a strategic investment of a 6.6% stake in Raiz via a $10 million share placement, aligning both companies’ interests to work. The investment was priced at RZI’s 10 day VWAP of $1.617.

    Payment for the $10 million investment will be split between $2 million in cash and the equivalent of $8 million in advertising across Seven’s broadcast television, publishing and digital media assets, which have a combined reach of more than 18 million Australians."

    I concur with the 10% of the company part, and Seven will definitely want a return on their investment, especially paying $1.16 for their shares. Oh how nice it would be to be back at these levels, which is definitely achievable.

    Annual results due to hit next week also, could could be a very positive week and with JP in the US speaking on Friday could also add a nice tailwind.....if all ducks line up in a row.
 
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(20min delay)
Last
71.5¢
Change
0.030(4.38%)
Mkt cap ! $75.85M
Open High Low Value Volume
70.0¢ 72.0¢ 70.0¢ $34.95K 49.3K

Buyers (Bids)

No. Vol. Price($)
3 23808 69.5¢
 

Sellers (Offers)

Price($) Vol. No.
71.5¢ 1331 1
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Last trade - 13.21pm 31/07/2025 (20 minute delay) ?
RZI (ASX) Chart
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