RHK 0.72% 70.0¢ red hawk mining limited

q about mechanics of oppies from a noob

  1. 44 Posts.
    Ive have been burnt before on oppies - the only time I played with them my little investment quickly turned into something of the past when all buyers dried up and it wasn't viable converting them! oh well! i didnt eat that week!

    However I am itching to give it another go!

    now with these FMS oppies! I gather a lot is riding on them being converted - not only for the FMS management's personal wealth but also their reputation!

    Surely an announcement is coming soon that will see the share price hike up past the 12c mark! If so and if I am correct, the oppies would then be a viable option to convert prior to the 22nd!

    Looking at the price of the oppies now - my little uneducated brain is saying "WOW! potential cash cow here mate - purchase a bundle at 0.007, wait for the news and then quickly sell!"

    What on earth am I missing! It can't be that simple can it?

    Surely Kev wont allow the oppies to vanish into worthless land?

    my finger is on the buy button!!!!!!!

 
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70.0¢
Change
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Mkt cap ! $139.8M
Open High Low Value Volume
70.0¢ 70.0¢ 70.0¢ $8.494K 12.13K

Buyers (Bids)

No. Vol. Price($)
1 10000 71.0¢
 

Sellers (Offers)

Price($) Vol. No.
73.5¢ 1 1
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Last trade - 10.32am 01/11/2024 (20 minute delay) ?
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