Red Emperor Resources NL (ASX | AIM: RMP) was informed on 17 September 2015 that following the purchase of 5,000,000 ordinary shares in the Company ("Ordinary Shares") for 2.17 cents per share on September 14, 15 & 16, J & J Bandy Nominees Pty Ltd now holds 15,559,548 Ordinary Shares, equating to 3.66 per cent of the Company’s issued share capital.
It could still drop to 0.9 but it is very hard to secure big chunks any lower than 1.03p. I have a small order in tomorrow for 3k and will buy further in the next week or so. I am certainly not bullish here but see another cycle at the 3/4p range in 12 months.
Watsonflash - I really don't know when but Georgia has some value (be it little) and Hawkeye may attract a farmout on Cinco being de risked. £5.5million in the bank is another bonus in this environment. I got 4.7million today!!
Datafeed and UK data supplied by NBTrader and Digital Look.
While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.