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Red Emperor Share Chat (RMP)



Share Price: 1.065Bid: 1.03Ask: 1.10Change: 0.00 (0.00%)No Movement on Red Emperor
Spread: 0.07Spread as %: 6.80%Open: 1.00High: 1.065Low: 1.00Yesterday’s Close: 1.065



Share Discussion for Red Emperor (RMP)


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Stuiegee
Posts: 905
Off Topic
Opinion:No Opinion
Price:0.90
View Thread (2)
Leak??
Tue 12:35
Flurry of buys from out of nowhere.
 
Stuiegee
Posts: 905
Off Topic
Opinion:No Opinion
Price:0.90
View Thread (2)
RE: Stuiegee
Tue 10:26
Definitely, I'm convinced that the Hawkeye drill had a strategic purpose. As I mentioned last week, where we drilled seems to be the highest elevation on the licence and doesn't follow any of the characteristics of the other more successful wells in the area. If it was the cheapest drill to complete in order to proof up reserves then I'm happy if we can sell on for a decent profit. Even if its only £15m or whatever.
Islandgirl
Posts: 421
Off Topic
Opinion:No Opinion
Price:0.90
View Thread (2)
Stuiegee
Tue 10:18
Yes it looks like it's given people a lot of confidence right enough.Still think we will get some hope from the Otto presentation though.
Stuiegee
Posts: 905
Off Topic
Opinion:No Opinion
Price:0.91
View Thread (2)
RE: rmp sp
Tue 08:56
I personally don't see it going much lower.
Two companies buying up nearly 8% of the company tells me there is something in the pipelines that has been heavily rumoured and news of it will likely be very soon. If not they would have waited until next week when the prices would have been nearer 0.75p the fact that they have bought in will be giving people confidence..

IMHO
Duckles
Posts: 568
Observation
Opinion:Hold
Price:0.95
View Thread (2)
rmp sp
Tue 08:25
how low we gonna go folks? looking to bring my average way down. Currently sitting out at a painful loss.
minden
Posts: 255
Off Topic
Opinion:No Opinion
Price:0.95
View Thread (2)
RE: Cinco
Tue 08:16
A distinct possibility IMO ,hence the RNS buys declared yesterday.
Islandgirl
Posts: 421
Off Topic
Opinion:No Opinion
Price:0.95
View Thread (2)
Cinco
Tue 07:48
Hopefully the Otto presentation next week will give us some clarity on Cinco.Is it still a possibility that Otto can afford to drill Cinco given the lower prices of rigs at the moment?
superman7
Posts: 737
Answer
Opinion:No Opinion
Price:0.95
View Thread (3)
RE: Anyone
Tue 07:10
Yes you are right and it was pointed out to me by many but while I was ave down I believed that it may bounce but now I feel the only bounce this will do is south! Thank you
Spreadbet44
Posts: 73
Off Topic
Opinion:No Opinion
Price:1.02
View Thread (3)
RE: Anyone
Tue 06:01
I really struggle with why some people invest in shares with little understanding, think about your statement for a while!
"Been ave down and got it down to a bit under 2 now, but thinking maybe I should sell this as I dont think a bounce will happen! Anyones thoughts with it"

Why would you pump more money in to a company to average down if you think a bounce will not occur? Averaging down is only recommended if you believe the SP is cheap and will rebound significantly! Otherwise yes your average is lower and it might look slightly better on paper but you are losing more money at the end of the day!
bigjr
Posts: 92
Off Topic
Opinion:No Opinion
Price:1.02
oilriches
Mon 23:22
You cannot possibly go "All or Nothing" and be "Left with a little ". It's either or!! Holding for another stroke of genius from Greg.





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