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that's a lot i would have thought for such a tiny company.
they must think, there's money to be made?
Suhail, may i ask, do you have L2 and how many market makers are on the book?
I only ask because i bought into HWC which was a prime RTO candidate, they only had 1 MM.
made it quite volatile. until suspension.
Yes SuhailM3471 I meant RRL sorry finger trouble, thanks
doesn't take much to move it
Hello are RLD and RRS linked ? because I see SuhailM3471 comment on both company chats and refers to "we" when speculating about both of them ?
Hi Suhail. Really like your research. I like RLD and looking at investing. Very impressed how the directors have been waiving their fees. Doing my own DD. Can I ask who is Astor Management, belongs to a major shareholder providing the convertible loans is that correct?
someone it taking a nibble!
You never know I suppose. Good luck with it anyway.
It's a big gamble though. Even if the disposal goes ahead in the next week, many investors will be waiting to hear news on RTO. If they just get the stock style RNS with no elaboration in black and white it will drift back lower surely?
You mentioned BOU and TLA before, but I just don't see the same interest here to warrant that kind of rise. I can see a possible spike to .15p maybe, but I don't see massive gains personally even if the disposal comes off.
Thanks for the civilised reply. We didn't need to argue on here in the first place.
Been watching quietly all week so as not to be accused of deramping, but I have to ask you again. Why are you so sure there won't be another extension? There has been umpteen up to now. Also, If there is another extension will you see it as another positive sign? because I doubt most people will.
If this hasn't been sorted out by the middle of next week, being realistic, it's insanely optimistic to assume it will be resolved exactly on the deadline day. Given that the 30th is the weekend it would have to be sorted before then IMO.
Suhail - pretty much!
HL are also raising the Bid (currently 0.0791) on every sell trade - they must be trying to fill a buy order.
I’ve been busy and dipping in and out of the BB of late. Still confident that is going to make another move sooner rather than later - the SP had a similar trading pattern last week.
Would be interesting if someone could do a chart for this
Theories about potential SP movement are one thing, however, the technical indicators for this are also marking RLD as a Strong Buy: https://m.uk.investing.com/equities/richland-resources-ltd-technical
Please also DYOR