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Red Rock Resources Share Chat (RRR)



Share Price: 0.055Bid: 0.05Ask: 0.06Change: 0.00 (0.00%)No Movement on Red Rock
Spread: 0.01Spread as %: 20.00%Open: 0.06High: 0.06Low: 0.055Yesterday’s Close: 0.055


Share Discussion for Red Rock (RRR)


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pumpky
Posts: 3,610
Off Topic
Opinion:No Opinion
Price:0.07
mean
28 May '15
Fat fingers!
 
pumpky
Posts: 3,610
Off Topic
Opinion:No Opinion
Price:0.07
View Thread (2)
any
28 May '15
Advise,do you nean Advice?
mannnan
Posts: 23,419
Question
Opinion:No Opinion
Price:0.07
jollyspeculator
28 May '15
any advise ?
jollyspeculator
Posts: 17,145
Off Topic
Opinion:No Opinion
Price:0.07
Bizarre attack on MrM
28 May '15
about the most sensible post here for a while

...all those desperate to ramp this are frightened by a wee post?

...delivery not dilution, AB...if you are reading
MrMagic
Posts: 7,999
Observation
Opinion:No Opinion
Price:0.07
re: rrr investment
28 May '15
unluckyruss - "how can anyone say this is not under valued."

I think the issue is and always has been that the consideration is not simply about the perceived value of the assets. If it were that simple then I agree the SP would not be where it is. The consideration I think has been around HOW LONG it will take to realise the value of the assets and HOW MANY SHARES will likely be in issue before we get there. So for example if you & I were to jointly agree that the Greenland asset was worth say £5m (arbitrary amount for sake of argument) there is more to consider than just the MCAP increasing by £5m. What people (I believe) are assessing is how many years it will take for the Greenland asset to be sold for £5m and how many more billions of shares might be added between now and then. There is clearly risk involved and picking the right time to invest is obviously crucial for a share that has historically been repeatedly diluted.

The solution for the SP is really very simple. Put in place a business strategy that requires no shareholder dilution and then the value of all the assets, imo, will be immediately added to investors perceptions and the SP will rocket.
As it is, when the company pretty much out of the blue drops bombshells like the recent 1.5 billion share placing, giving discounted shares to HNW investors, well, people's confidence understandably isn't going to be very good and the perceived risk factor of leaving your investment open to such dilution will likely be high.

Bottom line is simple. Either demonstrate that there is no longer intention to continually dilute shareholders or deliver results of value that counteract the downward SP pressure of dilution. Draw up a business plan, communicate it, stick to it and deliver it.
Jonno41
Posts: 368
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:0.07
View Thread (2)
RE: andrew bell
28 May '15
Don't be fooled by that comment. If he bought shares and they subsequently went up, holders would not care. The reason for him not buying is not that I assure you!

Kevin Hart (CEO) recently bought shares in Bowleven - trading at below cash with a lot of assets.. if and when those shares go up, and they certainly should - no one is going to complain about him buying.
Matty1mill
Posts: 43
Off Topic
Opinion:Sell
Price:0.07
Red again
28 May '15
hope things pick up soon starting to get worried all I want is to get my average back never buy in on a spike lol atb
unluckyruss
Posts: 7,395
Off Topic
Opinion:Strong Buy
Price:0.07
rrr projects
28 May '15
http://www.rrrplc.com/projects/

So you get all this for just over a 3 million market cap ..how can anyone say this is not under valued..lmao and that's why I am here gla
scouser
Posts: 519
Off Topic
Opinion:No Opinion
Price:0.07
u l r
28 May '15
to be honest Russ i'm not into laughing at peoples losses. Thats why we have our friend duggy here now.
unluckyruss
Posts: 7,395
Off Topic
Opinion:No Opinion
Price:0.07
rrr investment
28 May '15





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