RMX 10.0% 1.1¢ red mountain mining limited

rmx on 12th feb 2014, page-145

  1. 34,916 Posts.
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    'Share dilution is an investor's biggest risk.'

    No way IMO Market Cap depreciation is.

    Now before you go off your rocka and say well they're connected then you need to also connect the vast amount of gold that will appreciate the MC as well.


    Nah don't agree. Market Cap depreciation is usually related to failure. I have been invested a number of times in companies with great prospects that did end up being successful but were failed investments due to the enormous amount of dilution that occurred during the time it took to build a successful company. To me, particularly in the mining exploration sector where large amounts of money are often required to develop a mine, dilution is one of the biggest risks, and one of the few risks that can cause your investment to fail even if the company becomes a success.
 
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Last
1.1¢
Change
0.001(10.0%)
Mkt cap ! $4.260M
Open High Low Value Volume
1.2¢ 1.2¢ 1.1¢ $4.35K 391.6K

Buyers (Bids)

No. Vol. Price($)
9 899651 1.0¢
 

Sellers (Offers)

Price($) Vol. No.
1.1¢ 130000 2
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