RLE 0.00% 2.0¢ real energy corporation limited

Its rarely good to be a shareholder of a company thats raising,...

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  1. 8,493 Posts.
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    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
 
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Currently unlisted public company.

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