S722 ofthe corps act requires application monies to be held on trust until the shares are issued.
If no shares issued then the application monies are to be returned as soon as practicable.
RED didn't make the minimum subscription so no shares will bebissuedand our monies returned, I hope.
RED needs to do a deal or a receiver will be appointed.
If we ware lucky we will be squeezed otherwise we might become shareholders in a shell with no assets.
We need a small miracle.
Good luck all.
Sentiment is hold because of no choice.
- Forums
- ASX - By Stock
- corporations act and application monies
S722 ofthe corps act requires application monies to be held on...
Featured News
Add RED (ASX) to my watchlist
(20min delay)
|
|||||
Last
37.0¢ |
Change
-0.015(3.90%) |
Mkt cap ! $2.516B |
Open | High | Low | Value | Volume |
39.0¢ | 39.3¢ | 36.8¢ | $14.90M | 39.68M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 387085 | 37.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
37.5¢ | 1040379 | 11 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 387085 | 0.370 |
26 | 1009954 | 0.365 |
21 | 1063908 | 0.360 |
14 | 701273 | 0.355 |
22 | 1098468 | 0.350 |
Price($) | Vol. | No. |
---|---|---|
0.375 | 333326 | 5 |
0.380 | 437336 | 10 |
0.385 | 872680 | 5 |
0.390 | 493406 | 8 |
0.395 | 494829 | 10 |
Last trade - 16.10pm 26/06/2024 (20 minute delay) ? |
Featured News
RED (ASX) Chart |