In for quick trade, trying to work out RRS relationship with CTR.
Range claim to have a 24% indirect attributable interest in CTR.
Does that mean they expect to convert 100m shares at 1c for $1m loan?
If the well is any good, surely CTR pay back the loan by raising at higher share price leaving RRS with 8%-9% or 38m shares?
Where's the becoming a sub holder notice from last month?
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- 8m net profit per year vs mc 9m, fair value 9c
8m net profit per year vs mc 9m, fair value 9c, page-6
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