If RLE has had a funding proposal to farm into it's permits, it would make sense that the interested party is buying RLE shares. Particularly when the market cap is so low.
Thinking about this, maybe the trading over the last few months and particularly last few weeks makes sense. I think cap raise participants still getting out and an interested party trying to get in. One trying to accumulate as low as possible and the other trying to sell as high as possible.
The results are good and only going to get better, pipeline very close, cheap and quick to build.... production is coming to RLE sooner rather than later. Enjoy the wild ride.
RLE Price at posting:
11.5¢ Sentiment: Hold Disclosure: Held