RMR ram resources limited
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rights thoughts

  1. PinchOfSalt
    262 Posts.
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    05/09/11
    11:16
    Post #: 8916611
    RMR has been ex rights since last Thursday. They dropped a few tenths on that day but 18M shares changed hands in the two days of cum rights trading after the halt.

    RMRR only has a bid of 0.1c and no offers. On the one hand I think the rights are worth more than that but since the prospectus allows for applications for extra, why pay anything?

    Thoughts?
    RMR Price at posting: 33.0¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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