RRS 0.00% 0.1¢ range resources limited

*old park lane capital range resources update*, page-13

  1. 478 Posts.
    Why the AIM price isn't higher is pretty simple.

    You've (ASX) offloaded 400 million shares to us in the last 6 months. That's a pretty massive stock overhang that was obviously keeping the price down (and still it, buys always outnumber sells on AIM, but the Market Makers get cheap shares from the ASX in order to contain the price).

    You see, on AIM, when an asset is independently valued at 150m, it will generally add 150m to the market cap. Not here it seems...which is why it'll be nice when the last of the complainers has sold out and we can move forwards.
 
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