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Ann: Extension to Voluntary Suspension, page-4

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perdant

2,764 Posts.

84

29/06/17

15:55

Post #: 25569054
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Originally posted by perdant ↑

It would appear they are doing a placement to SI with possibly the same for holders given the delay in announcing.
I previously suggested them using all of their 7.1 and 7.1a capacity to issue ~ 62.5m shares @ ~3.2c on a 1:4 basis with an attached option (10c strike, Dec 2018 expiry) on a 1:2 basis to raise around $2m
Perhaps they may go bigger? Previous issues have be relatively modest.
In any event, I expect that we won’t hear much re results of chipping or mobilisation of rigs/teams until close to the closing date.
Anyway, we’ll know tomorrow.

PS: The overseas placement suggested above may pan out. Also i was thinking after sending you that message pinto that it may be above current sp also. Not hopeful as not too many place at a premium but who knows. It would certainly light a fire under the current sp and invoke confidence in the new program!

Regards,
Perdy

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Not even close with that assessment.

RTR Price at posting: 3.3¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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(20min delay)
Last 5.0¢		Change 0.000(0.00%)		Mkt cap ! $27.23M

Open	High	Low	Value	Volume
5.0¢	5.0¢	4.8¢	$105.9K	2.154M

Buyers (Bids)

No.	Vol.	Price($)
1	60000	4.9¢

Sellers (Offers)

Price($)	Vol.	No.
5.1¢	160000	1

View Market Depth

No.	Vol.	Price($)
1	30940	0.038
1	24899	0.037
3	320000	0.036
2	520000	0.035
2	388500	0.034

Price($)	Vol.	No.
0.039	75132	1
0.040	651974	2
0.041	990157	7
0.042	364246	2
0.043	322419	5

Last trade - 15.56pm 29/11/2024 (20 minute delay)

RTR (ASX) Chart