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1.7¢ red emperor resources nl

Phew - looking good, page-335

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Goldbull22

2,185 Posts.

281

10/03/19

12:18

Post #: 37711901
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Originally posted by Goldbull22 ↑

I bought 100k shares at 10c.

If it is a duster the stock will go to cash backing and shell value so around 2.5-3c.

If the logs come in positively it will go to 40c and then if they flow commercial oil it will go to $1.50.

So I am looking at this as a punt of 10-1 or so that has been taken with trading profits from other winners.

The form looks good and the horse has just jumped, see what happens when we pass the final bend and get into the straight (wire log results).

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The question is, are we on Winx?

RMP Price at posting: 9.8¢ Sentiment: Hold Disclosure: Held
3 Upvote

0 Great analysis

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