Im not stressed about MDO selling their stake in RMX, whatever their reason (which is hard to say) I believe we are on the right track... I was on the other end of something similar to this last year as I hold IXR. IXR decided to sell their 50+mil holding of UNX for apx 2.4c p/s only to see UNX move the 6c then 10c then the teens and top at about 20c within 3-4months. UNX now sit at roughly 14c and IMX have roughly halved in m/c value since then. I know you might say "totally unrelated" and thats cool because companies, managements and behinds the scenes dealings are all unique and share prices move in mysterious ways. But if RMX find more glittery stuff and all goes to plan I probably won't remember MDO and if I do i'll smile and thank them for letting me top up at a very reasonable price.
All above is IMO and apx figures.
The wheel keeps turning
Good luck holders
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