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LuisRob, I bought at 2p as well many moons ago, there are some great opportunities with this company but the BoD sometimes seem to get carried away with their changing direction. They just need to focus on the key things they are good at grow over time, I think the BoD wanted to grow faster but led to some guff decisions over the years.
A buy today at 44p - WTAF is all that about....?
Must be some signalling or a weirdo - doesn't make any sense
Is that perhaps why the price is being held back at 0.2p, so the 2 million placing will be at these 0.2p levels - that will pee off the investor groups that snapped them up for 0.5p after the recent debacle
Note it references positive cash flow ….so another production opportunity?
Looks like they need to buy a £2m shovel to get them out of the sheit they created...
Looks like MMs have stabilised on this one one
The MMs are c0-cking about with this, Stupid itty bitty trades and clown spread. It's clear to me this is being manipulated on spread/touch. Folks this is going to lurch North. Be there or be square. GLA
Given the Paloma disposal at 0.5p, I don't understand why the value hasn't recalibrated to 0.5p?
Some really odd little itty bitty sums being traded and sold, just seems like some entities are manipulating the spread and status of the touch. GLA
That’s my point the funds must have been convinced the RTO was solid it’s a substantial amount of financing at many times ROCKS mkt cap.
I think Rock had a lot of good things coming its way before the crazy mess ,that's why funds bought in at 0.5 , they are under valued .
I have to admit I am still staggered by this, not so much by Rock who you can understand eyes lit up at this opportunity.
But here we have 3 funds that bought in at a premium and were prepared to fund the remaining 90 percent of the acquisition at 0.5p….
Crazy stuff .
Sorry ,double where we are now.
So that's the 400 million Paloma shares and the extra 80 million from our raise accounted for, Rostra Holdings Singapore, a global investments holding company. Do not forget they paid .5 for their 18.86% of the company, half of where we are now!
Yes the rns today was very good and a punt here is ok. The mkt hated the position after the reverse collapsed but I think this is much better news and a free go for the company bearing in mind all the drilling costs are met by others
I have been in ROCK for few years even bought at 2p, so if you here for long term good time to fill your boots .
Especially if you look into the volume. Not really that much. So the big holders are still with it.
The pre-suspension share price here was based on the potential of the company's 'assets', the reverse takeover deal had no bearing, so not quite sure what has changed on that front to cause this sell off, just the usual AIM panic i suppose.
10p!
The mkt does not like this and the SP has nearly halved in just over a day. I see no reason to add to this falling knife at the moment. I could have got out with a profit yesterday but the mkt is worried that a lot of money has been spent on this deal and a placing is now needed. Nothing much has gone right for Rock over the last few years
Seems to be more fiddling on AIM than on a folk night in an Irish Pub.
what a shower of absolute feking ****e.
Better we found out now than if the transaction had completed then sanctions applied
Nothing much changed and back to the grind of proving up assets
We won't know what their motive was for buying but when these small AIM companies start getting into bed with murky middle eastern metals entities it generally doesn't go well so I'm pleased it's fallen through
Get drilling our assets and make us some money ffs