RHK 0.00% 80.0¢ red hawk mining limited

China-plans-build-new-city Iron ore needed, page-3

  1. 343 Posts.
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    Great for Todd and their partners but small SHs will be squeezed and see no benefit IMO. The coming CR will see a 20% increase (600m shares) giving FMS over 3.6 Billion shares ( crazy). The CR price will be in excess of 6 to 7 cents and most tired, cheated,screwed and fed up SHs will see Todd take up their allocation when they don't. Consequently IF OCJ are in bed with Todd and their partners in someway small SHs will be forced out when the Todd consortium hold up to 80% of the shares. IMO the remaining 20% of small SHs will see 50% of these accept the CR prices leaving the remaining 50% having to accept as per the 10% remaining ruling.Hope I'm wrong but it's the direction I see us heading and of course the BOD are only there to assist Todd and Co achieve their objective and don't care stuff all for anyone else other than their masters.
    Sorry that I don't have BC enthusiasm !
 
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