RHK 1.14% 87.0¢ red hawk mining limited

too little too late?

  1. 99 Posts.
    I have been looking for an reason to buy back in, but no sign of that so far. Been in and out over the years, sold over 1 million shares at 29.5 cents after reading of the elusive better offer that never eventuated and finally realizing there was never going to be a better offer…

    I have a few questions that somebody here may be able to answer based on their view of what is going on

    What choices does FMS have now?

    (a) Capital raising, how many shares would they need to sell, how much per share could they expect to obtain considering the share price is around 3 cents now, and how LONG would the Capital raising take and how MUCH would it cost to do. Anybody remember the spin off the Diamond part of the company fiasco a few years ago to concentrate on Iron Ore and how much that cost shareholders?
    (b) Buyout, but who would be interested, given the very high cost of establishing a mine, Railway, Port facilities?
    (c) Joint Venture, same as above
    (d) Any body, any body? Reminds me of a movie called Ferris Bueller’s Day off
 
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Last
87.0¢
Change
-0.010(1.14%)
Mkt cap ! $173.8M
Open High Low Value Volume
87.5¢ 87.5¢ 87.0¢ $3.589K 4.103K

Buyers (Bids)

No. Vol. Price($)
1 1795 87.0¢
 

Sellers (Offers)

Price($) Vol. No.
88.0¢ 20000 1
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Last trade - 16.10pm 21/06/2024 (20 minute delay) ?
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