RHK 2.35% 87.0¢ red hawk mining limited

recent developments in this sector, page-50

  1. 2,084 Posts.
    What's up in the market? Why did FMS could be higher than its cash backing up?
    All of questions and answers about FMS's future and the probability for pennies of FMS to be dollars are stemmed on the China and BRIC's industrialization.

    Without some understanding of this new era of the global economy structure shifting, we would lose the direction and the capability to make good enough profit from FMS.

    So what's up in the market now? The followings are my homework to learn about the market, which is views from my angle only. So don't give up your responsibility to be your own boss even you could borrow something from me.
    ***

    The market has accepted the perception I guess:

    1. BRIC and China seemingly could not save the whole world from the financial tsunami but they would move forward.

    2. China needs the IO more desperately than the people image and the Red Capitalists seeming know more about the market than most ones in Western World: buying at low and if possible at extremely low.

    3. Business is business. It is not good to let any others to damage our national interests but it seems if we deal with the buying properly, we could get better than any others in the advanced economies.

    4. So, another hypothesis, the financial crisis provides a biggest chance to buy IO assets in 100 years. So Chinese Red Capitalists lead the way and then the US Black Capitalists follow up.

    Most of these Red Capitalists in China, actually all of the people who have some powers there, are at around my age, who know the old way, the revolutionary way, could not lead to the heaven which the communism declared. They are not the robbers to have something for mouths but better life, which needs the money and resource.

    They are similar to me who didn't know what the capitalism was but they want to know. The money could be bad but everyone could get. Hopefully the market and the efforts to better life could result in a fully opened society there. If so, it is good news to the human kind.

    I do feel no one could turn the history back in China and then the resource booming would last for decades, which has been deserted by a lot of market players who could not see enough of the big picture and what the trend of the human kind. The open societies would give more chances to us and then some risks.

    A modified market perception, the global economy structure shifting has being happened, has got its momentum... I feel.

    That is what're up!
 
watchlist Created with Sketch. Add RHK (ASX) to my watchlist
(20min delay)
Last
87.0¢
Change
0.020(2.35%)
Mkt cap ! $173.8M
Open High Low Value Volume
86.5¢ 87.0¢ 86.5¢ $1.924K 2.224K

Buyers (Bids)

No. Vol. Price($)
1 1316 76.0¢
 

Sellers (Offers)

Price($) Vol. No.
87.0¢ 6412 1
View Market Depth
Last trade - 12.52pm 12/09/2024 (20 minute delay) ?
RHK (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.