RRS 0.00% 0.1¢ range resources limited

Doubt it would crash back to 5c. The thing working in our favour...

  1. 2,976 Posts.
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    Doubt it would crash back to 5c. The thing working in our favour is its a 1 for 4 rights issue. Therefore if someone was to dump their stock on market they can only buy back 1/4 of their original holding at 5c. Might deter people from doing it, unless they were a massive holder where it might be worth selling 1/4 of their holding and buy it back. I only have 450,000 shares, so not going to bother.
 
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