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Red Emperor Share Chat (RMP)



Share Price: 1.125Bid: 1.10Ask: 1.15Change: -0.115 (-9.27%)Faller - Red Emperor
Spread: 0.05Spread as %: 4.55%Open: 1.15High: 1.15Low: 1.125Yesterday’s Close: 1.24


Share Discussion for Red Emperor


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Miller_time
Posts: 27
Off Topic
Opinion:No Opinion
Price:3.30
RE: Late reported trade
10 Aug '15
Looks to me like the buy price at the time was circa 3.71 so cannot see it being a buy but if it was then great!
 
jeffry
Posts: 2,943
Off Topic
Opinion:No Opinion
Price:3.30
RE: Late reported trade
10 Aug '15
actually based on the timing on that day 6th aug, looks like buy to me
hikeaholick
Posts: 677
Off Topic
Opinion:No Opinion
Price:3.30
RE: Re Bolgas
10 Aug '15
not sure if bolgas would of sold up as he had DONE so much research into rmp and the drill
fundraiser222
Posts: 884
Off Topic
Opinion:No Opinion
Price:3.30
RE: 8-10p by friday?
10 Aug '15
imo the whole drill is derisked on a gas find which at around 80% cos is great odds with 3D Seismic data carried out by BHP at cost of $30m, a sniff of oil aswell will make things very interesting. I also like the fact RMP will still have a decent amount of cash in the bank after this drill.
JDwag
Posts: 5,589
Off Topic
Opinion:No Opinion
Price:3.30
Clearly
10 Aug '15
A lot of PIs invested in this believing that a run up in the SP would occur prior to the imminent release of the results and would allow them to de-risk, well, that hasn't happened and as some PIs have jumped out in fear this has allowed the MMs to take control of this, making money isn't supposed to be easy and risks have to be taken to make it......saddle up.

JD
Miller_time
Posts: 27
Off Topic
Opinion:No Opinion
Price:3.30
Re Bolgas
10 Aug '15
Merely an observation! I'm holding so hope for the best from this drill and have been watching from the sidelines for a while now.
Hoover14
Posts: 520
Off Topic
Opinion:No Opinion
Price:3.30
RE: Bolgas
10 Aug '15
What would it matter either way? Bolgas selling won't alter whether this drill will be successful or not. The fact Bolgas stated its a hold on the evening of the sell would indicate otherwise.
karlo74
Posts: 322
Off Topic
Opinion:No Opinion
Price:3.30
RE: 8-10p by friday?
10 Aug '15
Agreed. If this is not above 5p by Friday I will be shocked as there is so much on the line. I would say I would eat my hat if it is not there but due to going greyer and getting thinner on top every day due to this share I will hold back as the hat may well be needed.
minden
Posts: 698
Off Topic
Opinion:No Opinion
Price:3.30
RE: All I Can Say Is...
10 Aug '15
Alwayswinning-- exactly the way I feel ATM
fundraiser222
Posts: 884
Off Topic
Opinion:No Opinion
Price:3.30
View Thread (2)
8-10p by friday?
10 Aug '15
The important factor here is that BHP spent $30m on 3d seismic data and only pulled out of the drill because they pulled out of the region. They are still paying circa $24m towards the drill.

For those unfamiliar with the campaign should note shell are monitoring this drill. Otto are unlikely to bring this into production and will sell up after proving reserves, exciting few days ahead from this 3 month low so close to news with such a high cos, now the large sell from last week is out of the way the price will be free to move, big buying pressure this am and it didn't move imo due to the sell been filled,




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