RBM redbank mines limited

market cap versus metal , page-34

  1. 5,233 Posts.
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    GZ
    i feel its a wise decision. i see little value in the RBMO with them being so far out of the money.
    if you like the RBM story, i am thinking you can buy FPO's at 11-12c soon and in a year if they are 30c its nearly a 3 bagger but the options will barely be itm and possibly worth 2-4c anyway.
    the down side risk is that RBM is 25c and a decent 140% gain has been had but the options are worthless.

    so i applaude your decision.


    cheers andrewe
 
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Currently unlisted public company.

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