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0.00% 1.7¢ red emperor resources nl

Very simple explanation 88E has 12x (12-times) more shares on...

  1. Wise_One
    8,280 Posts.
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    21/01/19
    07:45
    Post #: 37170827
    Very simple explanation

    88E has 12x (12-times) more shares on issue than RMP

    So the "value" of the well is distributed over 12x more shares

    If 88E goes up 1c; RMP will go up 12c and they both would go up my the same market cap
    RMP Price at posting: 7.1¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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