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How many lurkers, trolls or just generally jealous individuals monitor these boards to jump on any spike?
These people all claim to be expert traders, yet they have all missed out on a 100% rise, then try and ignore that it’s still up over 50%!
Like most of the sensible and regular posters here, I didn’t get too excited, although it’s a nice break from the recent drop and sideways movements.
That is a little taster of what might happen on the sniff of something positive about the diamonds, but the spike if that happens will dwarf this. Throw in a producing mine that might be in profit and various other potential projects to back this up, and this could be the start of something very good - well deserved after years of suffering for long term holders.
Don’t let idiots scare you out of that potential gold (or diamond) mine - but don’t ignore taking a profit on days like this either.
Don’t be surprised if this rise is based on absolutely nothing at all. Maybe there is news coming, maybe it’s a pump and dump or maybe it’s just it’s turn.
That’s what happens. Get on, enjoy the ride, and if it’s the news we all hope, then there’s a long way for it to go yet.
PS, anyone seen ScarletVixen? ROFL.
Be careful what you wish for, last time we go a no news RNS the price tanked!
I’m sure this will have a rapid rise day soon, even if it’s just hot air or rumours, seems to happen all over the markets. Hopefully we will get positive news of BP soon, and there’s always that chance that there is something going to happen with the diamonds - however unlikely, that would be the game changer.
Isn’t it strange that people find it funny that some other people take a little bit of time to send an email, while they just sit in judgment?
If any protest was pointless, then nothing would ever change, let’s not try and belittle those that are actually trying.
“Don’t get spiked”
This sage advice has come a little too late for those that bought in at 0.7p+. With an expected news flow, this could be an excellent price to get in at.
Who knows if the diamonds will ever materialise, but just imagine the frenzy for shares if they do?
At the very least this should lead to a bit of volume.
Very disappointing that the production report was mentioned, but hasn’t yet materialised.
Saying things & not acting on them does nothing but cause frustration and lack of faith in the management.
You mean the headless chicken investors that sold out when the price was over 30p, with the option to buy back cheaper with more shares?
This board has become a good example of why so many people lose money on the stock market. A point blank refusal to look at the situation rationally, and only interested in hearing a positive viewpoint.
Calling someone names for selling out at a higher price is pretty silly, the stock market is all about making a profit, not holding a falling share because you have big balls.
Remember the bun fight with BOO holders initially? Nobody wanted BOO on board & now some people think they have everyone’s best interests at heart.
Same with Bob Holt. He was lauded as a hero, when in reality, he’s taken his massive profits and ridden off into the sunset (yes, he still holds shares).
I will say again - I have openly said I sold out, so if you think I have an agenda, then that’s fine by me. None of us can influence the share price on a free and anonymous bulletin board.
I don’t know what will happen, nobody does. I would urge caution though, and at least listen to opposing viewpoints.
Do I think this will come good? Almost certainly. I don’t trust BOO, I don’t trust the founders and I don’t trust the BOD. This is a strong buy, but at what price?
Of course you are correct that the highest price that BOO paid for their shares in the last 12 months has no bearing on the price that will be accepted by shareholders, the fact remains that if they paid a much higher price, then the issue of their offer price would be moot.
Do you trust BOO? Do you want them to have influence on the BOD? If the answer is yes, then there isn’t a problem. If the answer is no, then who is batting for REVB shareholders?
The price was 17.2p on the 12th August ‘22, this is the day they crossed the threshold. They already held under 3%, so it would be impossible to find out the exact price they paid for these, although likely to be around the same price?
From memory, didn’t they pay 26p for the next tranche?
They have no interest in REVB shareholders, only propping up their own failing business.
Ubik - we all held through suspension when nobody knew what would happen or when it would or if it would ever relist.
When I saw the news that REVB & BOO had reached an agreement, I thought that would be the catalyst that would start this on the road to where it should be. Obviously, that didn’t happen.
You have a tough choice to make - sell & maybe buy back cheaper. This is dangerous as they might open this ridiculously low to collect shares for the inevitable big volume.
Sit it out. We all did this already & it didn’t end In Armageddon, despite being told for 10 months that it would.
I will watch with interest & buy back if they drop it too low. I still believe this will come good, once everyone has had their fill - can’t have PI’s sharing the spoils!