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11.5¢ redflow limited

That was my whole point: Sell after entitlement day - which was...

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picksel

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04/05/18

09:54

Post #: 32878807
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Originally posted by awg801 ↑

"Participation in the Entitlement Offer will be open to shareholders on the record date of 7.00pm (Sydney Time) on Tuesday, 1 May 2018 "

So Wed and Thurs trading is post entitlement. Today (Thurs) trading impacted by Appendix 3B.

Trading is totally rational. Sell after entitlement date to pay for entitlement. Note: Selling @ 12.5c and buying your entitlement is a 25% stag profit over letting your entitlement lapse. The Appendix 3B shares will probably weight down the SP for a time as they are often acquired for short term gain.

Look back at the SP trading last year in the last cap raise. In particular, look at the SP variation as the shares were released in 2 tranches.

The 10c raise price is interesting once again as 10-10.5c gives 5% gain, 10-11c - 10%, 10-11.5c - 15%, etc.

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That was my whole point: Sell after entitlement day - which was Monday!
14c on Monday would've been a stag of 40%.

RFX Price at posting: 11.5¢ Sentiment: None Disclosure: Not Held
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(20min delay)
Last 11.5¢		Change 0.010(9.52%)		Mkt cap ! $27.26M

Open	High	Low	Value	Volume
11.0¢	11.5¢	10.5¢	$25.30K	223.5K

Buyers (Bids)

No.	Vol.	Price($)
1	2791	11.0¢

Sellers (Offers)

Price($)	Vol.	No.
11.5¢	800146	7

View Market Depth

No.	Vol.	Price($)
1	2791	0.110
6	163385	0.105
30	1218070	0.100
1	15000	0.099
1	14120	0.097

Price($)	Vol.	No.
0.115	800146	7
0.120	306278	5
0.130	5737	1
0.145	3941	1
0.150	57123	3

Last trade - 16.10pm 06/05/2024 (20 minute delay)


Last 11.5¢			Change 0.010 ( 9.52 %)
Open	High		Low	Volume
11.5¢	11.5¢		11.0¢	285254
Last updated 15.57pm 06/05/2024 ?

RFX (ASX) Chart

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