RNX 6.67% 1.6¢ renegade exploration limited

Whilst I wasn't happy with the price of the capital raising, the...

  1. 202 Posts.
    Whilst I wasn't happy with the price of the capital raising, the company needs cash to get through this year - which I see as pretty much make or break (subject to selling existing or acquiring new projects).

    I'm glad there was only a couple of million shares issued to existing shareholders - minimal further dilution. I was able to pick up the equivalent of my entitlement on market cheaper than 8.5c. Others clearly did the same.

    It's now time for the snow to melt and Hugh to wind up the team for a hugely important 6-8 months.

    Good luck.

    K
 
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