RMP 0.00% 1.7¢ red emperor resources nl

Ann: OEL: Alaska Operations Update - Winx-1, page-132

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  1. 8,280 Posts.
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    We are now getting to the business end of the drill where potential oil shows (from SeaBee) are a matter of single days away

    A degree of FOMO should start to kick in to the Aussie market and I dare say we will begin trading at a premium to our UK counterparts because any major announcements I expect to be announced in the UK first.

    This is for 2 reasons - 1 being that the close of business in Alaska lines up better with London trading hours & 2 being the UK is the primary market for RMP by way of volume traded & hence interest.

    Any major news in to the UK market should cause a huge rally & the Aussie market will majorly gap up the next day (by the market makers) to play catch up.

    Hence the FOMO down here to get set before a UK announcement.
 
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