Hi jackpot, Appreciate your input : So, RDR sold Meekathaara to...

  1. 637 Posts.
    Hi jackpot,

    Appreciate your input :

    So, RDR sold Meekathaara to Metal X and received:

    1. $4.56mil from Metal X;

    2. received 24,000,000 RDR shares owned by Metal X for $1 for total parcel;

    2.a. Metal X paid 0.199cts ea on 27 Aug 2012 for 24,000,000 shares = $4,776,896

    3. Metal X now pays $4.56mil for Mine and sold all 24,000,000 RDR shares for $1

    3.a So, in total, Metal X would have paid $9,336,895 for Meekathaara?!

    So, RDR got a good deal, yes?


    God bless
 
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