RMA 0.00% 0.0¢ reeltime media limited

relisting today, page-4

  1. 866 Posts.
    Now I may be a stupid hick sitting in my back block out here in WA, but I would love for some-one to explain to me the logic of lifting the suspension RMA shares, when a fund raising has been announced at 5.3 cents, in the disclosure document it states that the re-listing of the shares would happen about 2 weeks after the closing of the fund raising, which would have been the second week in August.

    As every one can see the shares have been dumped and are now trading at 2.3 cents. I’m think here that the fund raising is not going to happen or either that the fund raising will happen at an even lower price than 2.3 cents to attract investors.

    Which means we are diluted even more in our share holdings, could this be an attempt to get a majority shareholding on the cheap??

    If the re-listing has been done by the management of RMA, which one would presume that it has I really do think they have a lot of questions to answer.
 
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