Australia's largest stock trading and investment forum Australia's #1 stock forum

RMR

Click for more information

0.00%

4.8¢ ram resources limited

Jeezy, What alot of our concerns are is focussed around the...

First 23 Last

Share
Profile

Follow
Rye1208

1,134 Posts.

94

30/12/16

19:53

Post #: 21615674
Share

Originally posted by Jezzy ↑

Sorry taken so long Robert...
Trading shells is a great strategy IMO once one has developed the knowledge and insight.
Most do very well after an acquisition has been made especially if a competent team is involved and Cygnett is one of the best (just look far back at 1Pg, FBR, GSC - all these started as shells with MC of a few mil or less and ended up multiples higher).
Unfortunately, the process can be a lengthy wait. Usually many months, occasionally longer, if lucky shorter...
Cant predict timelines, they need to find the right asset and then deal on good terms.

But interesting that the new significant holders representing Cygnet interests haven't issued SH notices. Must want to stay under the radar.... Wouldnt want the SP rise and MC inflation before any deal

Expand

Jeezy,

What alot of our concerns are is focussed around the current ram mgt.
How does cygnet fit into it? ill make a guess and say they are hired to make an aquisition, get a deal made then they are finished? Then Ram mgt takeover the reins and 'manage' that acquisition??

RMR Price at posting: 3.0¢ Sentiment: Buy Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

GRL

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

BTH

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

Quit before you're fired: Russia bans uranium exports to USA, duplicating extant US ban

PNN

Power gets set for 1000-metre maiden drilling program in Brazil

US election outcomes: Key economic and market takeaways

There are more pages in this discussion • 33 more messages in this thread...

First 23 Last

Add RMR (ASX) to my watchlist