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Well their is a AGM meeting on the 25th of this months and i know that many share holders will be asking question on the subject acquisition or JV Farm in and the selling seem to be on the London exchange not the ASX over the past month .Their is many people willing to buy shares in Australia and the bad new from before doesn't seem to reflect on Hotcopper . I'm hoping to hear something after the AGM .
Hi bullshares
What are the rumours in Oz
Feeling here that RMP are finished
That 25% up on the 6th of November was people playing games someone bought $50 worth AU @1.5 cents minutes before closing of trade . They same person could of bought @ 1.4 cent but they bought at a higher price .
25% up in Oz at their last close.
You should do a bit more research in my opinion
The company is currently on rock bottom levels with risk reward favouring the buyer
There is nothing to ramp
One feels you are on the ramp
All speculation whats going on but I had more of research
If you browse to their Twitter website and see who the company follows, you guessed it Euroz and Bell Potter!
It looks like insiders loading up in my opinion
https://twitter.com/RedEmpResources?s=09
That looks promising and a logical step for sgc / RMP . Timing looks pretty spot on as well with shell deadline looming eh ?
I read 25m shares net bought on the oz exchange at 1.3c aud by broker Euroz last 2 months with minimal selling
Another ~10m shares bought by Bell Potter broker with no selling
Seems like something defo in the works otherwise these guys wouldn't buy big
There's some talk of a jv with sgc on oz exchange on gas drilling on their California project
I expect red emperor to rise again in my opinion shortly
Always good to follow the big money and this looks very cheap with the cash they have in my opinion
Pls dyor as these are my observations and not intended as financial advise