RRS range resources limited
Add to My Watchlist 0.00% ! 0.1¢

whats happening in pom rock?, page-9

  1. Stoops
    1,075 Posts.
    clock Created with Sketch.
    21/03/12
    10:10
    Post #: 9869976
    Just one more point.

    The dilution if it is accepted that the share price is not inflated is aproximately $8 million with a market cap of aproximately $500 million this equates to about 1.6%.

    If the share price was reasonable at the close yesterday at 24 cents if the SP falls below 1.6% the market will have over reacted to the share placement IMHO.

    Cheers
    RRS Price at posting: 22.5¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS Anson Adds 100 Strategic Claims to Green River Lithium Project
right-arrow Created with Sketch.
NEWS Paris Gold Project Drilling Underway Testing High-Grade Zones
right-arrow Created with Sketch.
NEWS Austral Resources to Acquire Rocklands to Transform North-West Queensland Copper
right-arrow Created with Sketch.
NEWS More Outstanding Gallium Assay Results for Nimy at Block 3
right-arrow Created with Sketch.
NEWS MTM Successful Uplisting Commences Trading on OTCQX Market in US
right-arrow Created with Sketch.
NEWS R&D Tax Refund of $5.8M Received by Imugene to Support Clinical Development
right-arrow Created with Sketch.
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
Add to My Watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.