ROS 0.00% 35.0¢ red october resources limited

Hi Peterking,As per my previous comments following the...

  1. 1,091 Posts.
    Hi Peterking,

    As per my previous comments following the appointment of Jeremy (?) the youngish fund manager I expect moves are being made to bring a new project to the table. I.e. back door listing.

    Although this still has the potential to dilute holders/recommence trading at a level significantly lower than 35cps it is at least a positive move that could hopefully see existing shareholders retain some value.

    At the end of the day this move will have an element of "luck" involved but I will keep my fingers crossed for existing holders.

    Based on the progress being made I have also upgraded by sentiment from sell to hold until further details are known on any project bought into the fold.
 
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