A few random thoughts.I'm very disappointed with the placing...

A few random thoughts.

I'm very disappointed with the placing price of $0.0003/share. I was hoping the placing price would have been at least $0.0005 share and hopefully above $0.0007/share. What is especially disappointing is that ordinary none qualifying shareholders can't buy shares at the discounted price. Having said that it may be possible to buy shares close to the placing price post capital raising if enough of the buyers of the placing shares are just looking for a quick relatively risk free 10%.


What is the likely shareprice post capital raising? Ignoring the consolidation for a moment, I wouldn't be surprised to see a market cap of $10m post capital raising so with approximately 7.5bn shares in issue the share price would be about $0.0013. So buying RMR shares now in the market at $0.001 is a option but buying shares at the placing price of $0.0003 is an absolute bargain imo (or a steal depending on your point of view).

Enough rubbish from me.

Regards

Wriglet