RAI 0.00% 2.3¢ raisama energy limited

where's the interest, page-6

  1. 502 Posts.
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    This might do well quite soon. For those who take a cautious approach, there is a trading issue to be aware of. Arises because there are 2 distinct shareholder groups with vastly different entry prices imo.

    My estimate is that all the new director's shares cost them around 0.6 cps, when you work it to their original cost in Peak. Thus 30m Raisama shares have cost knowledge, planning and a mere $180k, or indeed a negative cost if you allow for various other things.

    If old Peak shareholders realise 8.8c, that’s a 14 bagger; 6c a 10 bagger; 3c still a 5 bagger. That’s the problem and imo why there's possible downside. About 155 Peak shareholders acquired 178m Raisama shares. Much is escrowed, but a steady number have realised their profit and steadily taken out buyer lines imo.

    I don't mind the actual prospects and the promoters/directors would love this to bounce. Funding obviously the key, and essential by 26 June. Raisama only has contingent interests in Cadalo, which can revert to Blade in the worst instance. For those with a few spare hours, a power of interesting info deep in the 4 Feb Notice of GM.
 
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