Mao was a commie so I think I know what he would have done:
He would have wanted to put all investors on an equal footing to reap the benefits of the collective so he probably would do a 1:1 options issue at 30c for 3c each which would raise $4m and would also provide the necessary capital to finance the collective mine in two years time when the 147m 30c options were exercised bringing in $44m for plant and construction costs.
Or do I have it wrong? Would he merely have appropriated the prospective mine from it's current owners?
Mao was a commie so I think I know what he would have done:He...
Add RNX (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.1¢ |
Change
0.002(22.2%) |
Mkt cap ! $10.24M | |||
| Open | High | Low | Value | Volume |
| 0.8¢ | 1.1¢ | 0.8¢ | $139.6K | 13.70M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 3224713 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 816441 | 3 |
View Market Depth
| Last trade - 12.47pm 11/07/2024 (20 minute delay) ? |
| RNX (ASX) Chart |