RYG 0.00% 3.3¢ raya group limited

Would it be reasonable to suggest that an insto is asking for a...

  1. 193 Posts.
    Would it be reasonable to suggest that an insto is asking for a lower price due to recent activity and our CEOs are holding out knowing that once the news comes out it may well relate back to the 6c it was at or even half way back there.

    Seeing a potential stalemate between the true value of the shares after the prospectus and the value now with the insto wanting the now price and RYG anticipating the after price, unfortunately you can't sell as well on expectation as well as you can sell on history.

    I also think there holding out to make sure it's above 3.5 to keep the last strategic investor happy. None of this is new news but def gives a good reason for the delay. If true we aren't getting run over witch means we're not desperate witch means we're gonna be ok LT

    The best games of chess take the most time. Hopefully we win in the end.
 
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Currently unlisted public company.

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