RMG 0.00% 0.7¢ rmg limited

Ann: Results of Meeting , page-11

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  1. 2,843 Posts.
    Deansy.
    I hope for your sake you are correct.But facts are at the moment there is over 1 billion shares on issue and we dont know at all the quality of this new Zinc project but IMO reading between the lines if RMG management need to aquire a new project with a dilutionary effect then the projects in SA(Mt Coffin)dont look to crash hot.
    Thats my opinion and you have yours.I dont like stocks with over 1 billion shares on issue and projects that are yet to be proven.This is the definition of a Penny dreadful but then who knows RMG may come good and i hope they do.
    A share consolidation and decent news followed by a placement at higher prices would be the best thing here IMO
    all the best.
    Robstaaarrrr
 
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