RHK 13.8% 75.0¢ red hawk mining limited

It does make sense we will be taken over. There must be plenty...

  1. 819 Posts.
    It does make sense we will be taken over. There must be plenty of companies who can't stand the idea of us having a ten or twenty bagger, so it stands to reason somebody will offer us a puny 3 bag price and grab all the more substantial remaining upside we should have had.

    I wonder if one of the reasons for our low share price is people switching out into SDL, hoping to bag a re-rating on that and then to come back here and repeat (I must admit I have given it some thought, but I am not going to bother). Fingers crossed for Tony Abbott to win and repeal that mineral resource rent tax: the last thing we want is a profit related tax - as a low cost producer we would be worse off than from paying a flat mining royalty.

 
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