Thanks for your query. I did not reply because I did not want to embarrass you. However since you asked I point out something obvious.
The existing (pre Capital Raising) shareholders in RRL will (post the capital raising) own circa 68% of the company (albeit with a new asset) and not 53%. As you have pointed out this is a subjective matter to you but my truth is sadly objective truth and yours is not. Please pull out your calculator and work this out.
Capital Raising Dilution, page-19
Add RRL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.92 |
Change
-0.035(1.79%) |
Mkt cap ! $1.450B | |||
| Open | High | Low | Value | Volume |
| $1.91 | $1.93 | $1.89 | $9.807M | 5.138M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 57721 | $1.92 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.92 | 49074 | 4 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| RRL (ASX) Chart |