Hello Able77, very true words, unfortunately for me I did not have enough capital available to take up all of my Rights Entitlements. All of my Relations and Friends are very conservative when it comes to the Share Market and they know that like many investors I have done most of my Funds on the share Market and most of them don't remember that I spruiked WPL when they were around the $1.40 mark NCM when they were around the $6.00 mark, CTX when they were around the $1.40 mark and I also said to steer well clear of BNB and ABS.
Many scary games seem to be played on the A.S.X. Market and this RBM seems to have been subject to the same.
Able 77,I notice that M.K.'s Son paid approx. 5 Cents average per RBM Share of his holdings,therefore One has to imagine that RBM Shares are worth above that Figure because no doubt he would have had some idea of what Dad, M.K. was planning to do here.
No responsibility taken for any losses in association with this Posting.
Regards,
moly
RBM
redbank mines limited
