RML 0.00% 0.3¢ resolution minerals ltd

Ann: Results of Share Purchase Plan, page-12

  1. 1,900 Posts.
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    yes I have maintained my holding and went for 20k with spp as that’s all I had available to increase my holdings of RML.
    I was certainly disappointed on Friday to hear of scale backs but I’ve moved on a bit from there headspace wise. I have this feeling the way they calculate will work out in such a way that it will disadvantage me but I don’t really know why I feel that.
    anyway still positive on rml and the opportunity, just less positive on the board and mgnt but that’s probably more from a self interest point of view.
    One idea was everyone gets $2500 as initial allocation then those who didn’t sell to fund ie they have the same holding or more than the record date, then get their full allocated applied for in order of the date money was received. After that’s all done if there is some more left to allocate then those who sold to fund get split evenly the portion that’s left.

    that rewards the true lifters not the profiteers

 
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