RMX 33.3% 0.1¢ red mountain mining limited

bargain buying at 1.8 cents, page-49

  1. 34,916 Posts.
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    if the news is bad then no matter what you have heads O's or OA's there will no coming back even if you have 2 years on your options

    Only an RMXO holder would say this. If short-term news is bad it's all over for RMXO's. RMXOAs live to fight another day and won't drop to zero cents as RMXO's would (they stop trading in approximately 3 months and 2 weeks).

    Saying all this, the company has already earmarked the relase of scoping study very soon now, so both Os and OAs should hopefully provide good rewards fom here, no matter which you hold.

    as you will have 3c to cough up on the OAs

    If you're buying OAs you're typically not buying them to cough up 3c in 2.25 years time. As we've already seen OAs have always kept up with Os so there's really no point in getting the Os over OAs now they are the same price. This morning when Os were .4/.5c and OAs .8/.9 different story.

    However if buying now, as jeans sammy says, OAs are very hard to get any quantity of, they're being held very tightly so Os may be the only option and most likely why they had a late run today.
 
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Buyers (Bids)

No. Vol. Price($)
41 46910486 0.1¢
 

Sellers (Offers)

Price($) Vol. No.
0.2¢ 139701743 44
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