RCM 0.00% 0.0¢ reclaim industries limited

Von Trader was chatting about it, stating the consolidation is...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 28,706 Posts.
    lightbulb Created with Sketch. 237
    Von Trader was chatting about it, stating the consolidation is 10:1 when it is in fact 20:1

    they intend to issue the equivalent of 97,000,000 shares at 0.6 cents & 200,000,000 shares at 1 cent

    why would you buy at 3 x the placement price and 2 x the capital raising price?

    best to sell if you are a holder

    regards


 
watchlist Created with Sketch. Add RCM (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.