Also if entitlement value is less , then more shares would be needed. That just dilutes the share total of company. This process also gives further income down the track for the work needed. I guess it's how you look at it. We own shares and we own part of the company. It's not about profit short term, it's about long term. The burden is divided equally according to the share allocation. I guess it's up to everyone, how they look at it. If money isn't raised, we stick with the one drill for now.
Ann: Entitlement offer of RLC options opens, page-8
-
- There are more pages in this discussion • 11 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add RLC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $1.858M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 9462003 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 7026429 | 8 |
View Market Depth
| Last trade - 11.40am 04/12/2024 (20 minute delay) ? |
| RLC (ASX) Chart |
Day chart unavailable
