If extra finances are needed in the short term perhaps SH could provide a low interest loan (say $5m) repayable from profits. I think that would well and truly put a floor price under RFX and give investors confidence about future profits.It would be a better option then diluting existing holdings with a CR.
All only my opinion. DYOR.
What would boost the share price
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Last
11.0¢ |
Change
0.010(10.0%) |
Mkt cap ! $26.08M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 11.0¢ | 10.0¢ | $76.20K | 719.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 658988 | 10.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.0¢ | 452377 | 6 |
View Market Depth
| Last trade - 16.10pm 23/05/2024 (20 minute delay) ? |
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Last
11.0¢ |
Change
0.010 ( 4.76 %) |
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| Open | High | Low | Volume | ||
| 10.0¢ | 11.0¢ | 10.0¢ | 306251 | ||
| Last updated 14.55pm 23/05/2024 ? | |||||
| RFX (ASX) Chart |