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0.00% 4.8¢ ram resources limited

RMR raised $1.5M in Oct ie AFTER the Sept qtr so it didn't...

  1. Astronomer
    334 Posts.
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    29/01/14
    12:26
    Post #: 12864655
    RMR raised $1.5M in Oct ie AFTER the Sept qtr so it didn't appear in the last qtly cash report

    The money was raised at $0.0003 (5 billion shares!) pre the 1 for 30 consolidation so effectively they issued 167M shares @ $0.009 on a post consolidation basis

    Now have 302M shares on issue giving a MC of just $4.2M at 1.4c

    Cheers
    RMR Price at posting: 1.4¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 5  Upvote
    lightbulb Created with Sketch.  Great analysis
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