RLE 0.00% 2.0¢ real energy corporation limited

GLL recieved funds from a major investor/s at a large premium...

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. 5,015 Posts.
    lightbulb Created with Sketch. 220
    GLL recieved funds from a major investor/s at a large premium under similar circumstances (in the 50+cent range IIRC???)......given the recent commentary/announcements from management anything short of a similar deal would be a massive fail and the straw that breaks the camels back IMO. I for one will be strongly reconsidering my continued support/investment in the company on this latest move. With the OA's currently in the money and on the cusp of conversion, a discounted CR would be a dead cert to kill them off, which would be an incredibly strange move to make......which has me leaning towards a placement at a decent premium.......as i said, anything less and it's a massive fail from the company and one they may never recover from (i for one will dump everything i own and not look back if this is the case).
 
watchlist Created with Sketch. Add RLE (ASX) to my watchlist

Currently unlisted public company.

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