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I cannot seem to find any reason for today’s sp rise.

Anyone have an idea?

Having bought out the other 50% I wonder whether the current financial problems will stall any short term development at Redmoor. They need a revenue boost from Cobre or LCCM in my opinion.

There she goes past 7p
Onwards and upwards

Very near 7p now

Clearly upward bound again

The predicted changes always seem to be incorrect.
Shares are up 5% this morning.
Why is this?

Thank greylib for posting this
‘SML went from 0.39p in mid-December 2016 to over 3p in May 2017 - an 8- or 9-bagger. It was very noticeable that the SP very rarely went up 10% in a day. Day after day, we were seeing 6%, 7%, 8%, sometimes even 9%. During the day it would often go up 15-20%, but drop back down before close’

This is how this share moves upwards. I’ve been invested since those days at 0.39p and I truly believe that we can move upwards by another factor of 10.
However my immediate target is 10p which is consistent with a £100 million market cap.

As I see it the new shares have all now been ‘sold’ at a price between 15-18p.
There is no reason why the sp should be confined to this range.
The outlook is surely now very good for all us long term holders.?

Lovely update.
The sp will tick up now I’m sure

Today’s update appears to be a profit warning.
Not good imo

Strange that a 2.5 million deal at 1.8p causes the price to drop.This is going over 2p soon imo

The whole scenario is bizarre.
The game is over yet people are still dreaming of a different end.
They wil lose their money as lots of us have already done.

The Mail has the story of how the company was forced to capitulate by the lack of funds from the credit card firms.
They had no choice but to act the way they did.
The alternative was to go into administration.

Any sensible person would not be buying this today

The spread is massive.
MMS are coining it

Is this the last and final spike?
Cannot make any sense of it at all.

JP increasing his holding is very significant imo
Cannot see any reason why this isn’t going to soon test the highs of May 2017

Strange day.You’d expect the sp to rise considerably and for the volume to be high.Are we sure that none of the million share deals are buys?

Looks like it could be a moment when the share price moves dramically upwards.
The confluence of good news is as good as it could be.

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