RMR 0.00% 4.8¢ ram resources limited

Ann: Placement and Consolidation of Securities-RMR.AX, page-10

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  1. 107 Posts.
    The way I read it, Bill isn't seeking any money. He is seeking shares in lieu of salary.

    This thing isn't a hobby for Bill, it is his job. The argument of how well Bill did his job can go on forever. There is a certain element of luck in exploration.

    I will buy some shares after the consolidation. I'm sure holders are feeling the pain and will see this as throwing good money after bad, but I am confident that if you average down post consolidation, you will do ok.

    After all, why would someone put $1 million in at $0.0005?
 
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