Your logic is totally flawed. Anyone who decided to increase exposure to RXL by acquiring VMC is doing very well relatively . Using the following (including your data):
-Buy VMC @$0.20 (many bought lower)
-RXL price at time of purchase $0.35
- VMC current price $0.14
-RXL current price $0.25
If you work the numbers those who acquired RXL would be down $0.10 but those who acquired VMC would currently be sitting at an asset valuation above $cost.
Value of VMC, page-88
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6.7¢ |
Change
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Mkt cap ! $13.14M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 16420 | 6.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.8¢ | 6311 | 1 |
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