sniffs of oil at 9 to 16mbo well, page-5

re: 456bopd just the start With only 187m issued shares, RPM is probably the best leverage to this discovery.

However, the recent new issue at 5 cents struggled to get taken up and the underwriters were stuck with a bundle.

I wouldn't be surprised if they were off loading now and this will hold the price back for a bit. Not to mention the punters jumping ship for a small profit.

The whole market is nervous atm and taking profits is the game.