ok,, who do you refer to when you say "people",,, Each pi has their own opinions on the value,, I'm fairly sure that no 2 investor's alike would give the same value of the asset,, It would be better to just state your own opinion instead of pretending you speak for the entire market.
now i feel like i've entered an arguement with a 5 year old. Every days different at RRR lol
OMG, do you really believe AB's exaggerated hype. The website uses the figure of 8.3 million based on an expected float price of 50c. I used £5 million as a conservative estimate because the SP might go down after the floatation. If you think that the SP will shoot up to $1 then good luck. Why do you think that AB broadcasts from his hotel room? I will tell you - it's so that he can't be challenged on his inflated figures.
erm yes along with Mr Magic, Matlot and possibly other's. Anyone capable of using a computer or a telephone is capable of finding out how many warrant's are available and at what price they will be exercised. The only warrants worth converting at current price level's imo are 13,320,000 @ 0.45p, which would dilute the shares in issue by around 2.85% and add 60,000GBP to the coffers alongside the 562,000GBP expected on Monday (assuming 1GBP =1.22USD) I'm slightly confused that everyone keeps mentioning warrant's , but don't seem to have much understanding of how they work.
erm,, Let me help clear up your confusion;- JMS shares in issue 2,281,835,383. @ $1 = $2.28 Billion RRR owns 1.2% of JMS which based on $1/share = $27,382,024
Now i'm not sure if your quoting $AUS or $USD SO,, $27,382,024 AUD = circa GBP 16,902,483 and, $27,382,024 USD = circa GBP 22,444,281 Thats based on current shares in issue before the buyback @ JMS and using 1GBP = 1.62AUD and 1GBP = 1.22USD.
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