The list is endless, side line in sweet stuff RAMJAM. Country walks. RAMBLERS. Robots. RAMBOTS. Pipe cleaning. RAMRODS etc etc, Hoping the steady rise continues.
Velcrofajita. Good point, I think we forget that nearly all economic expansion and investment in recent years has been in the East, not the west. India, still massive potential, Vietnam, Bangladesh, etc. half the worlds population is in only 4 countries.
Large order filling perhaps, be nice to see some very large delayed buys appear
I had a feeling it would be taken down to around 33p, hoped it wouldn`t be, be there you go, in my opinion its a technical drop MM`s do like to fill gaps at times
There are currently 1.7 billion shares in issue, this is about to substantially increase, I assume there will be an initial fall in the SP, which should of course then be offset by the fact of the development now being fully funded and with such big hitters being involved??
The SP has more than doubled in two weeks, 29th Oct, high of 22p. 17th Nov, high of 45.4p. I think we just had a brief technical pull back, 37.5p was going to be the low, seen it happen countless times after such a rapid rise. It should now consolidate and slowly move back up at a more sustainable rate, people taking profits, nothing more. A 100% profit in two weeks compared to 0.01% in a bank, who can blame them. Hopefully new investors will arrive, in for the long haul, in the crazy world of the AIM casino, this has to be one of the best long term prospects.
The SP is still over 100% up off the lows, do you expect it to keep climbing at 10% a day. Not many shares just keep climbing, there is usually a pull back and then the doom mongers appear.
LUCAN. RMM is now up by more than 150% from its recent low, a slight pause in a rapid rise is hardly negative
This has got to be the most random reporting of a share purchase or sale I have seen on LSE, they have just posted one from the 28th May, 50 shares at 39p, why??
star786. As I have posted before, the previous rise back to 60p seems to be due to someone or ones piling in with considerable amounts of dosh and ramping the living daylights out of it, having made their around 100 to 200% profit they sold, some, including myself got caught by the rapid fall. What we now see is a rise based on genuine excellent fundamentals and a well executed turn around plan driven by a lot of investment, we are now seeing the fruits of this and will continue to see steady rise well beyond the previous spike. This is a first rate investment, AIMHO
That rise to 60p was the result of one or two traders with a lot of cash and loads of constant ramping, the company is now in far better shape, in which case 60p should be dust by now, add a £1 to it
Perhaps the amount is actually in old Zimbabwean dollars
Considering that the total GDP for the whole world is only $91 trillion and that most of the large industrialised nations are effectively bankrupt, I would say its slightly unrealistic if not bonkers
We must have been eyed by quite a few prospective new investors today as we were one of the highest risers in the market, I would expect a pretty big move again tomorrow, perhaps not 37%, but another 20 % wouldn't surprise me. GLA
John1970. If you recall that rise to 60p was driven by a trader or two piling in the cash and ramping the life out of it, then selling once they hit their target, this time its based on fundamentals not confetti. The MC is still lower than some of the AIM Miners who are just doing test drills let alone producing. 60p will be history and sooner than we expect, this has got to be one of the best stocks to buy at this price and as long as the demand for copper remains, its a no brainer
If this hit 0.6p in old money, 60p in new, based purely on ramping, it should fly by this quite quickly. Excellent RNS