RMG 0.00% 0.7¢ rmg limited

"RMG being transferred at 1.2 with an almost non existent buy...

  1. 2,986 Posts.
    "RMG being transferred at 1.2 with an almost non existent buy side isnt great you know!" It's an internal matter for Holloman, it has no relationship to reality nor market forces. 28 Sept 07 they paid 2c, they sell to themselves at 1.2c & realise a $560k loss. Given it's know in a value fund, I presume they see upside and that 'loss' could be very handy, tax wise, soon I suspect. Now that should bring most major holders to about the same cost base, interesting.
 
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