The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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See it all before on this share.
Bandy has acted with speed this time! Normally he goes to sleep for a few years. However whilst we were unlucky
last time, at least he has chosen another good looking prospect. Lets hope we see oil or gas this time.
Back to the usual RMP Rinse and Repeat cycle.
There's going to be a lot of naive people losing their money here, and a lot of unscrupulous people making that money, a lot ramping, a lot de-ramping, the only guarentees are that there will be a placement, and Bandy et al will not lose out.
03-Dec-19 09:59:04 0.695 200,000 Sell* 0.695 0.70 1,390
This was a buy!
There up to the usual mis information. Should not be allowed to do this!!
If they needed stock i would have thought the bid price would have been higher, and also the share price higher.
Agreed, they have widened the spreadsheet , to discourage any purchasing. With this stock in particular there
are not alot of shares available. They would need stock!
35.14% Spread.. Back down again.. Bonkers !!
After that rise on Monday it is nearly back down to the same price before the RNS, Pity i was having lunch in the pub when it touched 1p or i would have sold, next time i will put a limit price on, never mind always another day.
With the very wide spread on show, mm's appear to be happy taking some large chunks from weak sellers cheaply, but remaining firm at the ask.
I doubt there being much in the way of cheap stock still to be mopped up by the bid.
Looking at the JV arrangement I would say no they
do not need the funds for this play. They will raise funds mid
drill at a much higher share price. The one thing Bandy
has done well so far is keep the number of shares in circulation very low hence the crazy movement when
it gets going.
After the further drop today, it's worth at least dummy checking how well you can buy, against yesterday.
That's my point exactly, this fall is an engineered one and is not reflective of the potential
behind yesterday's announcement. With Q1 just round the corner, i am staying put nearly all the way.
Correction and apologise, it is showing as a buy
The company need to raise money? Or not because of the drop in SP always makes people worry
Q1 is nearly upon us, we are in December now, i will be slowly accumulating now.
Knowing RMP this will rocket on just a rumor. If you buy now you can de-risk before drill results
otherwise its tricky. I refuse to buy at 1p onnwards
Where are the people saying 2p today its not fair on people who bought in higher
That’s a squiffy indicator, as my buy is showing as a sell
If you look at the trades today, nearly 85% of them have been buys.
This drop is a bit iffy......
3p?? Pfffft..... My screen has indicated a crash?? Anything happened????
I got my shares back from a mistake yesterday, but looks like I’m underwater again DOH!!!
Should have lowered my target price..
RMP have now made a commitment on another JV. In Q1 all being well they will get the go ahead
and then the fun begins.
Well that never lasted long did it......Bandy he’ll have made a few quid yesterday, hmmm that’s Christmas sorted then.
Red Emperor Resources said it had signed a binding letter of intent to secure an option over an interest in a large offshore block, in shallow waters off the coast of Western Australia state.
The company said the option, signed with Pilot Energy and Key Petroleum, would allow it to acquire a 70% working interest in the North Perth Basin block, with the right to operate.
Red Emperor had agreed to fund the completion of an existing committed work programme up to a capped amount of A$150k.
The work included geological and geophysical studies required to be undertaken within the final year of the current permit term.
Following a favourable permit renewal, Red Emperor could acquire the 70% interest by paying the joint venture partners a combined A$500k.
Red Emperor would have until 15 business days after a permit approval decision to exercise the option.
A renewal decision was currently expected to be received in in the first quarter of 2020.
Absolutely, drills are now being planned. I especially
like the “near term” and “well funded” comment.
I think a 2p/3p target is on the cards. Anybody who has followed this share over the years will know that when
it moves it rockets. The fun is just beginning!
Someone say 10p by end of the day and you agree with them Today is the start. Look for 2/3 p. In coming days
I did warn folk.
The resident rampers claiming 2/3p by end of play...crazy.
Always DYOR and don't fall into the hands of the rampers. They cost PIs money. Shameful