RPM 1.43% 7.1¢ rpm automotive group limited

Ann: Trading Halt , page-11

  1. 6,349 Posts.
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    $1.1M was never going to get them very far...at the time I think they were probably going to use it as bridging finance until the Focus deal was struck.
    They then would've had a further $7M deposited in the bank, with another $6M to come as a free carry on SC54A development. Not sure whether that would've seen them through til Tindalo flowed.

    There was no trading halt called for the last raising...in that regard I think this one is likely to be a bit more signifacant in size...time for Southern Cross trawl their data base.

    Seeing as it's been so quick (in regard to the last farm-out notice, and maybe other interested parties are now not), perhaps this is option B and had been primed ready just in case, especially before the sp can fall back any further.

    More speculation for you Rawk!
 
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7.1¢ 7.1¢ 6.8¢ $208.4K 2.992M

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1 298880 6.9¢
 

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7.1¢ 369999 1
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