re: rrs - the rights issues
The SP has already dropped from going ex - it was around 5c before.
DON"T buy if you are thinking you will get the rights - you won't.
DON'T forget to apply for your rights if you get sent a prospectus - you have already worn the fall and you just get to buy shares @ 1.5c and get free options.
As for the worth of buying range - best reading on SS rather than here - seriously in depth research over there on this stock and my thoughts are that this is a MUST RESEARCH over the christmas break. You have until around the middle of Jan IMHO and then you have 2 opposing forces - a little extra supply from rights shareholders (not much mind you) vrs the likely announcement of a JV partner - and then later in the month some Peru results.
You can only look at the from the perspective of enormous risk for enormous return - traders will take 10-20-30% and look back and regret or forget.
Just out of interest - is the 2121 a postcode?
RRS Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
