RGX 0.00% 5.3¢ red gum resources limited

My broker (DJ's) is telling me there's a delay of maybe 4 weeks...

  1. 2,050 Posts.
    My broker (DJ's) is telling me there's a delay of maybe 4 weeks in getting due diligence completed before we can proceed. All going ok though except for the red tape.

    I queried the 1:22 consolidation. He says it would take something extraordinary for this to get larger (more than 22) and it fact DJ's feel it should be reduced. On that basis 0.09 c still looks like the floor when everything signed.

    Promos unlikely before consolidation though so patience seems to be the key.
 
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