I was redeemed 30% of my holding @ $103.00 plus interest like I was advised in August;
"The Company intends to Redeem A$15,000,000 of the Callable Notes on issue, the subject of the EarlyPartial Redemption Notice with an aggregate call price of103.00% of the outstanding principal amount of each Note being redeemed together with any accrued interest. The EarlyPartial Redemption will take place on or about9 October 2018".
I think the redemption money came from the recent $55 million ASX bond issue. Technical borrowing breaches or not the company has been mismanaged at the very least resulting in a long suspension while lenders try to figure it out. I think the ASX issued bonds will take a hit on opening but nothing like the equity bloodbath I believe is coming.
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axel ree limited
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7.2¢

I was redeemed 30% of my holding @ $103.00 plus interest like I...
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Last
7.2¢ |
Change
-0.007(8.86%) |
Mkt cap ! $7.259M |
Open | High | Low | Value | Volume |
7.6¢ | 7.6¢ | 7.2¢ | $45.13K | 603.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 96484 | 7.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
7.4¢ | 171111 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 96484 | 0.070 |
1 | 134600 | 0.066 |
3 | 108306 | 0.065 |
1 | 50000 | 0.060 |
3 | 378334 | 0.055 |
Price($) | Vol. | No. |
---|---|---|
0.074 | 171111 | 1 |
0.080 | 50000 | 1 |
0.082 | 149751 | 1 |
0.092 | 50000 | 1 |
0.093 | 9000 | 1 |
Last trade - 16.10pm 17/06/2025 (20 minute delay) ? |
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RC1
REDCASTLE RESOURCES LIMITED
Ronald Miller, Non-Executive Director
Ronald Miller
Non-Executive Director
SPONSORED BY The Market Online