@wsx
Great post. Thanks for putting it together. That probably does explain the $7 focus.
It also raises the question around where the CR will occur. Clearly it is not going to be ASX only. I have read the speculation around a potential US listing. A great vehicle for accessing capital, but I am unconvinced about a Nasdaq listing for example where we will get lumped in with the immense US tech firms and associated volatility that comes with their good (or bad) fortunes.
As part of any funding I would like to see the loyalty of holders rewarded ie SPP. That does not always occur, but there is plenty of scope given the amount of capital needed.
RLT really has proven itself to be a innovative and resourceful company. I am confident SM has balls in the air already. I can’t help but think the US trip KPIs he tweeted about had at least some funding component. Look forward to them landing in due course.
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1 | 15000 | 0.990 |
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1 | 5000 | 0.675 |
Price($) | Vol. | No. |
---|---|---|
1.030 | 9500 | 1 |
1.050 | 25000 | 1 |
1.080 | 2000 | 1 |
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