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If you look back a few days ago over £1m was bought @ 0.36p+ made up in a series and the trades were delayed way after close,i cant help thinking that buyer is getting greedy again.One thing for sure is if you looking for a way to make a stash out the copper boom you need not look any further than RMM imvho,just consider copper heading to 10k and then look at what Rambler are forecast to produce this year :-) If it stays down here much longer you will see buy volume going ballistic IMO
Copper is trail blazing smashing multi year highs. Yet RMM are sat at multi year lows with half of our mcap as cash.
I’m certainly missing something.
Interesting to see how much longer this buying opportunity sticks around for.
What is going on tonight with copper? $4.31/ $9459
Was a condition of the financing, not RMM decision.
Forward selling 50% of this year's copper for $3.50 is not looking like such a great move now! The beauty of hindsight. This will still be a great transformational year and the big profits will start as early as 2022.
Copper is really going for it $4.27/ $9386
If stock markets were rational we would all have made our pile long since and be basking in luxury :-)
Looks like the usual mm tricks of only showing the larger sells during trading hours and then hey ho we see some huge buys pop up after close.As the placing was way oversubscribed it could be possible that those that missed out are being furnished with sizable chunks now,the next TR1 holdings release may be worth a look as their could be some new corporate buyers on the rolls :-)
I sense this is somewhat of a coiled spring once those buyers have been loaded at these lows,also worth noting that Rambler is still off the radar of most investors so once a little PR is done and we see the production ramp up this could be a very well followed stock.Personally im a sizable buyer up to 0.60p in this first wave as i think that would be a good level to hold for the bigger gains.
This is a coiled spring.
Current share price is completely irrational.
There goes $4.25
That is adding some serious value to rambler :-) cannot believe its still down here,i too might have to raid the piggy bank !
Still rising $4.23lb or $9300.
The elastic is stretching, its got to give at some point.