Its rarely good to be a shareholder of a company thats raising, fact is there is never really a good time to raise money in the eyes of shareholders.
At the same time there is nothing worse than the market knowing a company has no money and needs to raise hanging over its head.
The raise is at the same price the company was trading at 7 days ago and much higher than rlse's average over the last 12 months.
The company traded at 9.4c 2 weeks ago.
If RLE performs this will be a blip, if rle doesnt you will be grateful they raised...if you want to bet all or nothing I guess youre in the right sector
RLE Price at posting:
13.5¢ Sentiment: Buy Disclosure: Held