Australia's largest stock trading and investment forum Australia's #1 stock forum

RR1

Click for more information

2.94%

1.8¢ reach resources limited

What good are these options?, page-6

First 6 Last

Share
Profile

Follow
GolferQld

39 Posts.

16

15/03/24

13:21

Post #: 72905141
Share

Originally posted by SImon23: ↑

My understanding was that it is just the rights to the offer that cannot be traded to someone else, once you have taken up and paid for the offer you will have normal shares and options. But i could be so very wrong...

I have emailed the company regarding this but they have not replied, so i have just now emailed Westar capital to see if they can/will shed any light on this.

Also i don't see anywhere where it gives an exercise price and date for the RR10 offer of 1 for 1 @ $0.0002. I had assumed they would be the same as the options issued under the rights issue, but i don't actually see that written down anywhere.

If I get an answer back i will let you know.

Expand

Hi Simon23

This is an interesting read too
https://Disallowed.com.au/learn/rights-offers-what-you-need-to-know

DYOR IMO

RR1 Price at posting: 0.4¢ Sentiment: None Disclosure: Not Held
2 Upvote

0 Great analysis

Reply

There are more pages in this discussion • 7 more messages in this thread...

First 6 Last

Add RR1 (ASX) to my watchlist

(20min delay)
Last 1.8¢		Change 0.001(2.94%)		Mkt cap ! $14.86M

Open	High	Low	Value	Volume
1.8¢	1.9¢	1.6¢	$100.9K	5.743M

Buyers (Bids)

No.	Vol.	Price($)
11	1652406	1.6¢

Sellers (Offers)

Price($)	Vol.	No.
1.8¢	2355001	10

View Market Depth

No.	Vol.	Price($)
11	1652406	0.016
6	1090000	0.015
7	1325783	0.014
6	3435229	0.013
9	1391808	0.012

Price($)	Vol.	No.
0.018	2355001	10
0.019	2080416	11
0.020	1742141	10
0.021	416738	1
0.022	2057778	4

Last trade - 15.21pm 13/06/2024 (20 minute delay)


Last 1.7¢			Change 0.001 ( 1.73 %)
Open	High		Low	Volume
1.8¢	1.9¢		1.6¢	4285805
Last updated 14.45pm 13/06/2024 ?

RR1 (ASX) Chart