RMP 0.00% 1.7¢ red emperor resources nl

FOMO or FONGO, page-11

  1. 6,352 Posts.
    lightbulb Created with Sketch. 62
    Yeah, its a coin flip, which is pretty much RMP's business plan over the years.
    If Winx is a duster, I guess they'll wait for the next coin toss to participate in and raise more cash on the back of that.
    According to their last quarterly, they will have ~$4m cash left at the end of March.
    With 525,292,776 shares on issue, that's around 0.8cps cash-backing.
    Imo, that's roughly the level the sp will fall to if Winx is a duster.



 
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