Market capitalization is effected by a takeover and a simple calculation which is strongly linked to present performance with mature companies. RMS share price fall to 2.20 is a benchmark of where RMS price will be when the deal is done. . Wishful thing syndrome is nightmare for an investor not a dream. Its more important how market places values gold reserves, Gold resources should be valued at 10% of net profit of their value.
RMS share price movement suggests 1 RMS holders believe they are paying too much 2 RMS have over valued SPR 3 The benefit to RMS has larger short term downside than upside. 4 RMS is sacrificing too much shareholder value to gain control of SPR 5 The lead time to benefit from obtaining SPR is too long. 6 There is a level of uncertainty about this deal.
RMS Price at posting:
$2.19 Sentiment: None Disclosure: Held
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