It amazes me how people can react to such a crappy bunch of rubies that would sell for a low amount per carat,maybe 1.5 million for the lot if lucky.
Now have a look at the 3B and all the options and unlisted shares on issue and that comes to a fully diluted market cap of 50% more than the listed market cap.
Buyers are being sucked in today and I see this tanking big time from here in my opinion.
Ann: Mustang to Export a Further 25,000ct of Gem Quality Rubies, page-24
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