One last time... for the photographers12 Jul 2023 22:25
... and this really is the last time - especially for to BadBlands, and I'm not hating on you mate, I'm just trying to explain why good news doesn't instigate a rise over night bro.
I'll do basic numeric posts if that helps you mate:
1). Most on here (who never comment) know that RR is share that needs pension/hedge fund input.
2) Last time I looked, the retail investment was a mere 17% - big boys are therefore 87%
3) Pensions and Hedges won't get involved without a divi.
4) RR is now out of restrictions (loan from government that stipulated no Divis until the debt was paid) so new Divi will happen until Q2 of 2024
5) Once the divi is instigated, hedges and pensions flood in.
6) All this is within my plan of buying at 92p average, getting the bonus of the 31p offering ( Rights Issue) and I will admit I've bought a lot more since then on the gains. I think my average is now 94p.
7) I will sell in Feb 2025 (as I've been saying from 2021 I think) at £7. Why? Because all of the above stipulations will be filled and moreover...
8) ...RR is a 70bln Mcap company - it simply is, now, not in 2025, but now. I'll just wait for everyone to catch up on that fact.
And that's the very last time I state my reasonings.
And as I've said before - everything until Feb 2025 is fodder. Sometimes good fodder, sometimes not so good fodder.
All that aside Badlands, I get your RRx3 bet, and I apologise if I came across as being condescending in any way. I enjoyed your banter until you started losing money and (let's be honest) you got a little weird.
Anyway, you've heard my honest response to how I see it - I could be wrong, let's hope I'm right.
All the best to all of you!
Nettles.