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A couple more large buys from pre-market open this morning appeared at close today. Strap yourself in for the next ride up coming sooooooon.
Nice 1.36 mill buy at 16.40 yesterday went through at 3.04p. Daily volumes very very low atm and price is being dropped because of series very strange small sells. I guess it's to free up shares prior to the big push up by taking them from the noobs that sell. <br />I for one am not selling my babies as I don't want to get to get caught out by the spread trap.<br />Hold tight and good luck all
I'm being offered 3.25p with Jarvis
Yep being offered 3.2p to sell. Aus closed at 6.6cents = 3.66p.
Strange price action though this morning around 10.50 AM due to a suspicious very small AT (automatic trade) at 10.56AM a which was put through at 2.82p which didn't look nice on my lovely chart ') Just an anomaly though. Hoping for a close above 3.16p or higher to keep us in the ascending channel.
Onward and upward.
All imo.
ASX closed at Aus 6.3cents around 3.48p.
Closed 6.5c ASX - ( 3.52p). Up we go.
Yep thanks for the link - article makes good reading Lofty with positive implications and good PR for RMP too.
I'm with you on this Phoebus. Any fundraising will surely be after final approval/drill permit from State of Alaska are granted (which may not be until late December). Insitutional and sophisticated investors could not/would not invest en mass before that is granted imo. He may even wait until rig is mobilised or even do it just prior spud when it can be done at a significant SP.
I'm anticipating the SP will be over 6p by early December.
It's hardly 'money just sitting here' is it - that's a daft thing to say. Even if you had bought in shortly after the RNS announcement about the JV Alaska drill on 25 June you'd already have 2.5 bagger (250% increase).
I feel sorry for those who were spooked into selling earlier today for 2.5p or below. I fear they fell into a trap.
So I presume you holding all your RMP shares then. ')
By the way I was here in the days of the JV with RRL in Puntland Somalia.
PS this piddle of a rise is nothing. I think the capital raising will come at much higher SP with a discount. Not before the final drill approval from State of Alaska has been granted though.
Good luck
mikemike sorry but your posts sound more and more like someone who has missed the boat or sold prematurely and is praying the SP will fall.
This will be 4p during September ')
Get on board or regret it
Great news! drill rig contracted
see all 3 announcements from RMP, Otto and 88E here:
https://www.asx.com.au/asx/share-price-research/company/RMP
Quite a lot of sells around 3p held rise back today a bit compared to ASX. Those selling at 3p might find it difficult to buy back cheaper if that was their intention - a gamble I'm not prepared to take. Holding for bigger prize ')
GLA
3AM and just hit 3.5p on ASX. Expect a fun day on AIM today get strapped in for another ride upward.
RMP closed at AUS 5.8cents equivalent to around 3.3p.
Let's hope AIM follows when UK markets open again tomorrow after bank holiday.
Onwards and upwards.
Just wanted to stress that please don't take my advice and do make your own judgement calls. I can disclose that I am fully invested here so obviously want the SP to rise!
Just to add that I expect the sp to bounce soon from the bottom of the channel so now would be a good time to top up for those thinking of doing that, as don't anticipate the ask to fall much below 2.70p.
All imo
I agree Phoebus. I have attached links for updated daily charts below (candle and line based on closing price) as you can see the SP has been travelling upward within the channel shown since June. There is very strong support at in area of 2.54 and 2.48p (bottom of channel and FIB). If it closes below 2.48 then the next support level is c2.24p.
https://www.tradingview.com/x/GzceqDQp/
https://www.tradingview.com/x/uM2cvAMl/
Support at 2.50 - 2.52p still holding up nicely, 2.77p to buy. Nice to see RSI has cooled down a bit too ready for next rise. Still expecting 4p before end of September ')