RXL 3.23% 15.0¢ rox resources limited

Can someone help me out here? The shares are on offer at 1 share...

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  1. 171 Posts.
    Can someone help me out here?

    The shares are on offer at 1 share for every 10 held, @ $0.015 ps.

    I am trying to understand where the benefit is, in doing this, when I can simply buy direct in the market for the same price. Except for brokerage of course.
 
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Last
15.0¢
Change
-0.005(3.23%)
Mkt cap ! $57.48M
Open High Low Value Volume
16.0¢ 16.0¢ 15.0¢ $163.8K 1.089M

Buyers (Bids)

No. Vol. Price($)
2 368796 15.0¢
 

Sellers (Offers)

Price($) Vol. No.
15.5¢ 210000 3
View Market Depth
Last trade - 16.10pm 28/11/2024 (20 minute delay) ?
RXL (ASX) Chart
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