Indian Ocean Capital have diluted the hell out of this stock. They completed 1 raising at $0.008 in 2008 and another cap raising at $0.017. Each created millins of extra shares (heads & options) on the market.
until the market works its way through these relatively recent raisings, RAM will remain at these levels IMO
but always DYOR
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PS this is way Indian Ocean Capital management do business. They completely sc#$w up a company (eg MAB) for their own benefit and to hell with loyal shareholders.
Indian Ocean Capital have diluted the hell out of this stock....
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