FME 4.17% 2.5¢ future metals nl

Welcome to the board Junior,Some good points you've made.Yes,...

  1. 50 Posts.
    Welcome to the board Junior,

    Some good points you've made.

    Yes, any dilution that would occur as a consequence of RMP issuing more shares to be traded on the AIM would mean more cash on the books and as such should be reflected in its m/cap.

    I do think at some point RMP may need to raise more cash for drills in Georgia/puntland/new joint ventures etc) and the AIM will provide a great platform for it to do so. As such I am not worried by any potential minor future placings especially if they are done higher than its current share price.

    Excuse my ignorance but I'm not 100% convinced that RMP have to issue new stock to list on the AIM. Could AIM market markets buy on the ASX before the listing? Could Greg or Max cap sell some of their stock for liquidity on the AIM?

    Good luck, kind rgds
    Andy

 
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Last
2.5¢
Change
0.001(4.17%)
Mkt cap ! $14.37M
Open High Low Value Volume
2.5¢ 2.5¢ 2.5¢ $15.74K 629.6K

Buyers (Bids)

No. Vol. Price($)
3 75662 2.4¢
 

Sellers (Offers)

Price($) Vol. No.
2.5¢ 423326 2
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Last trade - 15.37pm 23/07/2024 (20 minute delay) ?
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