I think the SPP will be over subscribed as the share price has held above the issue price.
As a result we will only get shares on a pro-rata basis which means you wont get your full allocation!
However, I believe the company is heading towards being cash flow positive in the near future
which should inspire confidence and see the share price improve dramatically!
So I would say any shares acquired at 7.7 cents represents good value IMO!
I think the SPP will be over subscribed as the share price has...
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Last
2.2¢ |
Change
-0.001(4.35%) |
Mkt cap ! $14.35M | |||
| Open | High | Low | Value | Volume |
| 2.3¢ | 2.3¢ | 2.2¢ | $2.559K | 115.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 210683 | 2.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.4¢ | 540000 | 2 |
View Market Depth
| Last trade - 14.06pm 21/11/2024 (20 minute delay) ? |
| RNT (ASX) Chart |
