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Red Rock Resources Share Chat (RRR)



Share Price: 0.18Bid: 0.17Ask: 0.19Change: 0.00 (0.00%)No Movement on Red Rock
Spread: 0.02Spread as %: 11.76%Open: 0.18High: 0.19Low: 0.175Yesterday’s Close: 0.18


Share Discussion for Red Rock (RRR)


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Dan_The_Man
Posts: 7,958
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:0.18
View Thread (2)
Zumore
Wed 14:02
I wouldn't worry... I remember when people were saying that when AB did the fundraise at 6p that this would create a floor... and then again at 14p lol...

I wonder where we go from here...
 
zumore
Posts: 1,083
Off Topic
Opinion:Buy
Price:0.18
Well i have no desire to average
Wed 13:59
down any more. I averaged down last week with another 1.3 Million shares to leave me with around 1.9 million.

I actually averaged down last week because I thought I had expertly spotted the bottom at just over 0.20p. Lol
CPFC84
Posts: 572
Observation
Opinion:No Opinion
Price:0.18
RNS Marker
Wed 13:54
"always" not "also"
CPFC84
Posts: 572
Observation
Opinion:No Opinion
Price:0.18
RNS Marker
Wed 13:53
Spreads are also closer than advertised when I top up. My one the other day at two tenths of a penny looks poorly timed, again.
MrMagic
Posts: 7,405
Observation
Opinion:No Opinion
Price:0.18
re: RNS Marker
Wed 13:44
All seems a bit squiffy TBH. Not many trades showing so either there is some heavy selling in the background or bad news has leaked. Or it's just a manipulated shake out before a rise. Is the spread above correct? I assume not, it seldom is and haven't tried any dummy trades.
BillyOnair
Posts: 86
Off Topic
Opinion:No Opinion
Price:0.18
View Thread (4)
RE: Unreal
Wed 13:42
Lades
I don't remember any of them apart from range. I confess to being tempted to buy Range in the past. More recently I managed to snatch defeat from the jaws of victory with KEA, but that was my fault for being greedy. Back to RR, I'm hoping that RGM have success at Horse Hill and it has a knock on effect here. ATB
CPFC84
Posts: 572
Observation
Opinion:No Opinion
Price:0.18
RNS Marker from yesterday
Wed 13:34
Anyone want to guess what it is?

YA - could be converting the last of the most recent CLN. Need to go back and count to see if any remain O/S

Greenland - Unlikely, unless they publish a LOI for a bottom of the market offer which AB discounted a few weeks ago

Staff shares - Is it the right time of year for that? Usually see these twice a year, don't have time at work now to find them to confirm

DS holding - Who knows? But I would say no otherwise the price wouldn't have fallen so badly

Annual accounts - Usually published at the last possible time allowable, so not due until next month

Director dealings - Unlikely, AB only does that in the staff scheme at a discount and cheap shares thrown in on top

JMS - Could be a wildcard this one

Colombia - Might be production figures if they are half decent on grade and tonnage

IC / Kenya - Could be issue of licences, might be more field studies

I am non the wiser having written all that. Could be more share issuances, but shouldn't be if debt is under control like AB says it is. Working capital without heavy debt repayments should be less severe in coming to the shareholders for cash so frequently. We shall see.
Ladeside
Posts: 3,972
Off Topic
Opinion:No Opinion
Price:0.18
View Thread (7)
RE: SP
Wed 13:23
Yes Didge, although we have had our differences in the past, I must admit that I'm coming round to your way of thinking more and more these days.

Let's face it, we could be totally wrong but AB certainly does nothing to dispel the theories with the complicated deals and open to interpretation news releases that he tends to favour.
Didge
Posts: 2,051
Off Topic
Opinion:No Opinion
Price:0.18
View Thread (7)
RE: SP
Wed 13:14
Let us not forget that AB must be looking for a "retirement package" sooner rather than later. As you quite rightly hint, RGM is his darling. AB doesn't communicate with shareholders with openness but rather in evasive riddles. Usually that is the metier of those with something to hide. The Greenland load of cojones springs to mind. I think AB is in it for himself.
Ladeside
Posts: 3,972
Off Topic
Opinion:No Opinion
Price:0.18
View Thread (7)
RE: SP
Wed 13:00
Ridiculous as it may sound, many have wondered about this.

ds does appear a decent guy from his posting, however we don't REALLY know anything about him or WHY he would choose to invest so much in this company, especially when the 1st string Horse from the stable is also very attractive odds and is the one which runs in the first colours and is the one that the trainer and owner undoubtedly favour.....................



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