RHK 3.45% 84.0¢ red hawk mining limited

re: Ann: Placement and SPP for Flinders Hamer... FMS board seems...

  1. 2,084 Posts.
    re: Ann: Placement and SPP for Flinders Hamer... FMS board seems have the minimum amount of cash reserves in the mind based on the risk control.

    Don't forget it has made the decision to shit into IO sector strategically but it also has the experience to deal with the worst case. The capital raising should be the results to put FMS in a winning position or survival position in the worst case. It should no leave any room to threaten its life. If you could be survival in worst case, you have the chance to turn the pennies into dollars.

    It is not about the IO, about MXR, about IO future, but the decision based on the worst scenario. I feel very safe to my paper profit now. I do feel FMS board know me very well and I fully understand what it tries to achieve.

    Life is good since I feel I get a trustable partner to make the dollars from my pennies.
 
watchlist Created with Sketch. Add RHK (ASX) to my watchlist
(20min delay)
Last
84.0¢
Change
-0.030(3.45%)
Mkt cap ! $167.8M
Open High Low Value Volume
86.0¢ 86.0¢ 84.0¢ $12.02K 14.16K

Buyers (Bids)

No. Vol. Price($)
1 2467 84.0¢
 

Sellers (Offers)

Price($) Vol. No.
87.0¢ 1699 1
View Market Depth
Last trade - 15.07pm 25/06/2024 (20 minute delay) ?
RHK (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.