NMT MLX

Amok RDR paid a grand total of $1 (AUD: One Dollar) for all of...

  1. pmandj
    637 Posts.
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    15/08/14
    13:20
    Post #: 13823223
    Amok

    RDR paid a grand total of $1 (AUD: One Dollar) for all of 24,000,000 RDR shares
    held by Metal X.

    The Total consideration for the entire parcel is $1 only . Not $1 ea x 24,000,000.

    Today's ANN-Appendix F _ Details of all shares/ units bought back _ Item 2 & 3.
    states the total sum is $1 only.

    Would have been quite scary if it was $1 ea.

    I thought so too initially as well, but after a cuppa and a good morning hug from
    the labrador, then epiphany...

    God bless
    MLX Price at posting: 24.0¢ Sentiment: None Disclosure: Unspecified
    NMT Price at posting: 3.3¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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