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2.17%

47.0¢ raiz invest limited

Ann: Trading Halt, page-9

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Johnnytrader2

687 Posts.

72

23/08/24

12:32

Post #: 75341808
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Originally posted by ldisley: ↑

"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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they were talking about this two years ago

is it finally starting?

RZI Price at posting: 37.0¢ Sentiment: None Disclosure: Not Held
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(20min delay)
Last 47.0¢		Change 0.010(2.17%)		Mkt cap ! $49.35M

Open	High	Low	Value	Volume
45.5¢	47.0¢	45.5¢	$13.06K	28.41K

Buyers (Bids)

No.	Vol.	Price($)
2	42025	45.5¢

Sellers (Offers)

Price($)	Vol.	No.
46.0¢	54	1

View Market Depth

No.	Vol.	Price($)
2	42025	0.455
1	11111	0.450
1	5000	0.440
2	7995	0.435
2	20752	0.430

Price($)	Vol.	No.
0.460	54	1
0.470	1769	1
0.475	5000	1
0.480	500	1
0.490	2040	1

Last trade - 15.59pm 01/10/2024 (20 minute delay)

RZI (ASX) Chart

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