RSN 0.00% 10.0¢ renison consolidated mines nl

plenty of shares on offer at 0.001, page-20

  1. 22,046 Posts.
    lightbulb Created with Sketch. 2185
    Thanks Towie. I read it as having 20.5 billion on issue now and that they were intending to add the 17+ billion from• 979,828,912 in relation to the interest on the March 2012 Convertible Notes for the
    period from 1 October 2011 to 31 March 2012 and
    • 16,561,751,963 in relation to the redemption of the notes, making that hobbible total of 37 Billion.
    I really hope that I'm wrong but, regardless, it is far too many and DEMANDING a re-structure.
    I really reckon that buying at .001 is a no loss proposition, but, watching things closely as the company is at a most interesting stage and ANYTHING could come out of it. Might be "safer" just to sit back and watch, but, sorely tempted to take a few while the .001 is available??.
 
watchlist Created with Sketch. Add RSN (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.