RHK 4.97% 84.5¢ red hawk mining limited

FMS - "The Foundation Customer", page-424

  1. 416 Posts.
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    lifes4livin

    Your comments about OCJ's shares being an average of 0.06c per share. I believe it is much lower. From memory Robert Kennedy issued a whole lot of preference shares to them to raise funds at 0.007c per share when they were fairly new on the register. Your comments about them having their money locked up in FMS and not earning any money on it is spot on but I would think their average would be between 1.5c-3.0c. A shareholder once said Robert Kennedy may have done this to ensure that there was a blocking stake against Todd. If that is the case then that is one of the best decisions to date FMS has made. I'm happy to be corrected on OCJ's average price. I am of the understanding OCJ read Hotcopper as well as the CEO.

    Regards

    Geoff
 
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