Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
The poms have been selling their shares their wouldnt be many left on the AIM anyway. Only 30% of the 530 million shares are retail and the ASX would hold many more share than the AIM London market would if De listed share would be sold only on the open market they cant be sold on the London market becaue their no listing code not listed anymore so this 1 AIM share for 1 ASX share would be a blood bath sale not 1 for 1 buy back .
Well the latest news is Kenneth baker bought into SGC late last year 1 million dollars spent AU holds 19 million shares !
And still around 20 million in RMP . well these two companys get re rated ?
he sold some of his 38 million he still holds over 20 million ... You Pom's are in or out Baker is just playing a card game his this type of investor in & out you holding a pair of Kings and you go all in and wait for the next three cards Mate !
And also Baker holds only 5% of the top 20 so who holds the other 65% of the top 20 .
For the Australians the company wont be de listed ,But for the Euro your in or your not in . Theirs no talk of any take over or RTO theirs more talk around SGC partner needing cash with 35% on offer Borba drilling SGC needs cash to fund the drilling and XST & SGC both have no funds for this drilling .RMP has a load of Cash and a small register with many big players already in Baker for one invested $500.000 !
Its not a pump and dump you said pickledpepper1
what do you mean This stock is head down everyday
people are just pouring money down the drain we are looking at a sell off here tonight i think .
full out attack by the pump and dumpers
it just gets worse for shareholders here
ridiculous movements in this share price with no news
Asx today RMP is down again it's down 7 pips in just two trading days .
From highs of 2.9 cent early last week and today it finished at 2 cent AU .
So some people are not happy today !
Talk is that EURO Brokers were selling 1.5 million share on the ASX opening from 2.4 cent down to 2 cents .
Release Date: 09/12/20 17:05
Summary: Change in substantial holding
kenneth Baker bought other lot of shares 5 670 917 ... FIVE MILLION SIX HUNDRED & 70 THOUSAND MORE SHARES .
SEE THE LINK BELOW
https://newswire.iguana2.com/af5f4d73c1a54a33/rmp.asx/6A1011705/RMP_Change_in_substantial_holding
The only news i heard is ,
We HAVE Kenneth Baker bought 500 Thousand Australian dollars worth .32.5 million shares .
We HAVE Hartleys Euroz Broker bought 3.5 million shares @ 2.1c AU in the last 7 days .
We HAVE Kenneth Baker on a number of stocks that has multibag.
We HAVE posters talking of (This will be rocketing to a minimum of double 100% of what the it will be trading at when news comes.!)
i don't think people will be selling cheap anything under 1p is a bargain .
Volumes today on the ASX about 10 million traded and i think this will be at 3 cents AU by Friday or tomorrow when the ASX opens . it rise quick because it's a small Retail of about 130 million shares with over 70% held buy top 20 and their would be small investors with 500.000 shares so it can rise 20% daily .
ASX RMP up 20% it opened @ 2.1 cents AU it's up 2.5 cents AU at 2:47pm Sydney time .
You be getting any under 1P i think !
MRG Metals Ltd Consolidated Financial Statements 30 June 2018 .
K Baker Number Held 39,135,089 million .12.18%
link below ....
https://www.asx.com.au/asxpdf/20180928/pdf/43yt18h6fy8r74.pdf
With top 20 share holders holding over 75% of the register that leaves about 130 million retail shares left
Well it closed on the ASX today at 2 cents AU highs of 2.1 cents about 40 million traded
His the biggest options holder in ASX MRQ
His the biggest options holder in ASX MRQ
This baker guy also has 32 million options in ASX MRQ METALS I THINK THE OPTIONS ARE AT 2 OR 3 CENTS AU BY DECEMBER 2020
10k is nothing that Australian last Friday put $500.000 AU down on this bet !
in just under 2 months this could be 4P to buy if they get a oil project .
Their could be more Becoming a substantial holders they have 3 months to report it the the ASX so who knows