Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Regardless of RTO or delist, this will rise again between now and 10 June. It’s simple market mechanics. That’s why I’m holding quite a few. Not for the faint hearted. Good luck and dyor.
There were 2x 13m buys 2 weeks ago. Looks like today’s sell is them. Whoever sold lost over £2k in that trade.
The good news is the price didn’t drop so I’d say there is a buyer behind the scenes.
Like I’ve always said, there will be another spike/pump before d-day in June. But any whiff of an RTO and we’ll see some serious multibagging here. This is why I have been buying whilst it’s been extremely quiet.
I think we might see a big order or 2 filled today. My dummy buys and sells points to buy orders.
I agree. Someone has been accumulating for the last 2 weeks. It’s now broken out of the low trading range so could see some attention from traders. Throw in a positive RNS and we’ll be seeing 0.01p.
Yep. Simple market mechanics.
I wonder if we’ll see £5k buyer again today? I’d expect to see a TR1 very soon as someone is clearly loading up. That should see us near 0.1p.
Get in early peeps.
Well it looks like the block buyer is back. Someone is clearly building a decent position. I’m very glad to be in before the inevitable rise. Simple market mechanics.
I was buying more last week. There isn’t much downside from here at £2m Mcap. Obviously the risk is there but I see 2 possibilities over the coming weeks.
1. They manage to find a suitable RTO and and we see multiples of today’s price.
2. They don’t manage to RTO in time but a spike is created to let some in the know shareholders out. Either way I see this as a good risk/reward trade.
0.07-0.08p easily achievable.
If there is a whiff of an RTO then straight above 0.1p. After seeing the decent amount of block buys over the last 2 weeks, it looks like there is someone building a pretty decent position.
Been some decent buying today. Looks like a block buyer loading up. Next week could be very lively.
You’ve started the rumour now, thanks. Haha.
All buys this morning. Very low value but still buys.
Not much downside from here. I can see this getting some attention soon.
There’s definitely someone buying in the background. Lots of 5m and 10m buys gone through over the last week. This looks to be the bottom of the trading range also. I’d expect another TR1 shortly.
At £2m Mcap there is no real downside. Cash shells (SPACS) are in the spotlight right now so this is has some serious potential for a few bags.
Let’s hope Charles is working hard behind the scenes.
Nice one
Img broker showing it as suspended. Can’t find NAK or RDGC prices anywhere. I doubt there’s been any trades at all. It’s very poor if you ask me. Its only a name change ffs.
Ridgecrest plc
("Ridgecrest" or the "Company")
Completion of Disposal and change of name and website address
Ridgecrest (formerly Nakama Group plc) announces the completion of the disposal of its operating businesses to Sanderson Group. Accordingly, the Company is now an AIM Rule 15 cash shell and the Board changes set out in the Company's announcement of 29 December 2020 have now taken effect.
Change of Name
The Company's change of name has been effected by the Registrar of Companies and accordingly, the Company has changed its name to Ridgecrest plc. With effect from 8:00am today, trading on AIM will commence under the Company's new name and the Company's TIDM will be 'RDGC.L' (previously NAK.L). The Company's ISIN (GB0004251970) and SEDOL (0425197) remain unchanged. Shareholders should note that their shareholdings will be unaffected by the change of name. Existing share certificates should be retained by Shareholders holding Ordinary Shares in certificated form as they will remain valid for all purposes and no new share certificates will be issued.
In order to reflect the Company's new name, the Company's website will be changed to www. ridgecrestplc.com later on today. The information required pursuant to AIM Rule 26 will be available at this address.
Defined terms used in this announcement have the same meaning as in the Company's announcements of 9 December 2020 and 29 December 2020, unless the context requires otherwise.