Never like to see a company raise money because they can. It's not like interest rates are high, so if they don't do anything with the money the only effect is a reduction in their return on funds invested.
I especially don't like it when small shareholders don't get a look in, and it cuts off what was a good rally in price.
Personally my belief is that if a CR is necessary, it should be law that existing shareholders get first dibs, and the rest released to sophisticated investors.
Never like to see a company raise money because they can. It's...
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
0.2¢ |
Change
-0.001(20.0%) |
Mkt cap ! $2.831M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.2¢ | 0.2¢ | $16.9K | 8.45M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 9426206 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 31225054 | 11 |
| Last trade - 12.58pm 11/07/2025 (20 minute delay) ? |
| RCM (ASX) Chart |
Day chart unavailable