luvsfootie, I had a little bit of a chuckle on this statement:
"..this is the possibility that is taxing my brain."
Careful it is a Sunday morning. :-)
I too have been thinking about it since the change in volume. The lease was renewed so alot more confidence within RMI/RMC camp and the major shareholder I would assume.
June 2010 cashflow report:
There are a lot of shares aprox 1.57 bill heads and
aprox 600 Mill options and
Aprox $2.2 cash
So I am interested in what price a takover would occur.
So at the current valuation for WOW0 160mill
1.6 Bill shares equates to 0.1cents per share, so as mentioned before by young trader (from memory) still not even at curent asset valuation.
Any thoughts?
luvsfootie, I had a little bit of a chuckle on this...
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