Montana5 Feb 2015 13:33
Broker targets in my opinion aren't worth the paper they are printed on unless they are independent... What I mean is there has obviously been a distressed sller here that has dragged the price down while we waited for news, I just personally think the brokers could have done more to stem the slide, ie find a buyer to have taken the seller out.. I mean they had plenty of takers at 18p for the ipo, they should have been able to get someone to snap a load up at say 10/11p when the price was circa 14/15p, and stopped the daily drip feed down to circa 8p.. It by the by now of the seller has finished, and yesterdays action "may" suggest they are, but a couple went through today so lets see. RAME is going to be a big winner in 2015 in my opinion, just I feel the brokers could have done a bit more.. None of it will matter soon, and does provide a great buy in / top up opportunity..