Normal
I can't see Red above 24.5c for a long time. We have shareholders with millions and millions of shares issued to them at 17c who would see a 50% profit at that price. The pity of it all is that much of the money raised is just sitting there paying for remuneration increases etc but not working. That IMHO will prove to have been be a very expensive capital raising.Red share price will increase, or at least shareholders will share the bounty, when we shareholders demand dividends from the income stream that is about to begin. Otherwise I see Mapawa eating capital for years to come with the share price languishing.
I can't see Red above 24.5c for a long time. We have shareholders with millions and millions of shares issued to them at 17c who would see a 50% profit at that price. The pity of it all is that much of the money raised is just sitting there paying for remuneration increases etc but not working. That IMHO will prove to have been be a very expensive capital raising.
Red share price will increase, or at least shareholders will share the bounty, when we shareholders demand dividends from the income stream that is about to begin. Otherwise I see Mapawa eating capital for years to come with the share price languishing.
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