RHK red hawk mining limited
Add to My Watchlist 0.00% ! $1.20

cash backing not reached yet, page-2

  1. Pelm1
    2,131 Posts.
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    10/10/08
    21:52
    Post #: 4374740


    Greedy from the spreadsheet

    fms

    market cap 53m

    Share price 0.044

    to be cash backing it should trade @ 0.016

    shares on issue 1203652675
    trading at times cash value 2.8




    cash 19.2 m 7/10/2008





    MXR
    mxr cost 2.1 m x 0.2 = 10500000
    mxr price 0.055

    mxr worth 0.58 m

    Net loss 1.52 million

    other assets, none to speak of.
    FMS Price at posting: 4.3¢ Sentiment: Sell Disclosure: Not Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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