RMP 0.00% 1.7¢ red emperor resources nl

bang on trading, page-52

  1. 2,582 Posts.
    lightbulb Created with Sketch. 39
    Yeah that's a good read, thanks Oil Baron
    Clearly by someone who has speculated in small oilers for a long time and understands the quirks of the game. The article has all the right bases covered.
    Yesterdays strong price action a very good pointer I think. Only someone very motivated and with a good eye on value will step in and push up a small stock strongly like yesterday. Or a force of punters can see a good thing, and the weight of buying interest suddenly lets a spring go.
    Either way we are in for some interesting months ahead with RMP.
    Even a market cap of $50M prior to spud provides plenty of leverage.

    Cheers
    Gosouth
 
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Currently unlisted public company.

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