Yes exactly cal," Mindoro is no longer contractually obliged to distribute a majority of the shares to its shareholders"
Now Mindoro sold the project for 10c a share or 10 million dollars, since then RMX has gone about proving up the resource all the while achieving excellent results to date. For Mindoro to get the greatest value for its shareholders why on earth would they dump shares at a quater of the deemed sale value and right before the most crucial drill results and scoping study is known??? Effectively crueling the confidence and sentiment of a stock of which they are a major holder and which will result in them getting pittance for there holding. IMO they will most certainly hold while the sheer potential of the project is uncovered and would only offload stock into huge trading spikes if at all if things look positive. Can't believe the who ha over this, every single stock has major shareholders and they can sell when ever they like, except in this instance as above there are a couple of very good reasons why that would be the last thing on there mind at this point in time. If anyone wants out there are plenty of buyers just lurking off screen and ready to pounce on any bargains. Looked like someone wanted in this Arvo, will be interesting to see what tomorrow brings.
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red mountain mining limited
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Last
1.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $4.649M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 5686383 | 0.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.0¢ | 4638652 | 14 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 5686383 | 0.009 |
26 | 19979435 | 0.008 |
17 | 3843653 | 0.007 |
10 | 4029526 | 0.006 |
6 | 5820000 | 0.005 |
Price($) | Vol. | No. |
---|---|---|
0.010 | 4638652 | 14 |
0.011 | 6145996 | 7 |
0.012 | 1578707 | 6 |
0.013 | 3969093 | 3 |
0.014 | 1271668 | 6 |
Last trade - 10.18am 08/07/2025 (20 minute delay) ? |
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