boardroom radio, page-13

I just did a couple of quick calculations that a few may find interesting. Holloman came into RMG back on 28/9/07 buying 60m shares at .02c ($1.2m), if they take up their full 1:6 entitlement = 10m shares @ .004c then their average cost is .0177c - still significantly underwater by today's price. I would be very surprised if the share price doesn't run up above this figure in the short term, which for a lot of us would actually be a great result. Naturally, I'd be hoping that they rose significantly more but as illustrated above, not a lot of movement is required for our major holders to be making significant profits. Likewise, I don't have the figures off hand as his are over a broader term, but our second biggest holder Mr R J has been buying at very low prices so his average price must be about .001c or there about. I can only imagine that there can't be many existing & longer term holders who don't stand to make great profits soon if all goes as we hope.