Day traders i wouldnt think so. The stock hasnt been doing anything to attract them in... YET.
RMG - RMG Limited
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Day traders i wouldnt think so. The stock hasnt been doing anything to attract them in... YET.
Sean K
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Bit strange for a shell.........they might end up buying a portaloo business or something.
Perhaps there's money there....Bit strange for a shell.........they might end up buying a portaloo business or something.
There's good money in the portaloo business haven't you seen Kenny?
There's good money in the portaloo business haven't you seen Kenny?
flame me for spoiling the fun but what's a portaloo business?
Sean K
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Sorry I brought dunnies into this thread. Perhaps we should talk about RMG?
I suppose there's not much to add except for price action at the moment. What they end up doing is a little bit of a guestimate, but it seems most likely a U play of some description...We'll just have to wait and see.
Perhaps we should talk about RMG? I suppose there's not much to add except for price action at the moment. What they end up doing is a little bit of a guestimate, but it seems most likely a U play of some description...We'll just have to wait and see.
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A U play here, a U play there, everybody loves the yellow cake!
In the end it's the $$$ i'm after, so giddy up RMG.
Strong support now, see it before when the went to 2.1 cents, then sellers smashed it down to 1.5 cents, dunno why and dunno if it will happen again.
If/when it breaks 2.3 cents then we should see some movement.
Portaloo... LOL
In the end it's the $$$ i'm after, so giddy up RMG.
Strong support now, see it before when the went to 2.1 cents, then sellers smashed it down to 1.5 cents, dunno why and dunno if it will happen again.
If/when it breaks 2.3 cents then we should see some movement.
Portaloo... LOL
Hi Kennas,Well greggy, someone else is taking a bit of a serious punt along with you. A $50K ish order through this am. Unless you've lifted your stake to $100K?
Decent order for a shell. Punters like us taking a more than minor interest. Happy with that. Next time you're on the phone offer some type of bribe for some info will you.
I didn't buy any more RMG today, but enjoyed watching the increased interest in RMG. Instead I bought some ERL today. Lets hope today's interest in RMG carries on into next week and that it move forward from here. Thanks to YT for highlighting this stock to everyone.
DYOR
Sean K
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Yes I did. Just because of the volume. There should not be so much volume on something like this, that is not being day traded, IMO. People in the know were taking positions, maybe. Or, just punters like us getting their info from other sources. Still early days on this. I'm not committing food money on it. Yet.
Hi Kennas,
I already have 3 million purchased at 1.7c which is probably enough for me. I'm backing this one for its strong management ability.
DYOR
with the buying support and volumes this is buyers speculating on a |U announcement which is on the cards
Well, when speaking recently to the secretary who answered my call at Ascent Capital, she said any acquisition would be in the resources area. I'm hoping its uranium as it could have a major effect on RMG's share price. We will just have to wait and see I suppose. Momentum is building in this stock.
DYOR
The General Meeting is on April 16th I think.
We could either here something before that date or after.. I'm thinking after would be a good time for an announcement. I must admit I'd like this to drop back to 1.7c/1.6c so I can add more, its held 1.9c today, which I thought it would retrace given its 2 previous runs to 2c
We could either here something before that date or after.. I'm thinking after would be a good time for an announcement. I must admit I'd like this to drop back to 1.7c/1.6c so I can add more, its held 1.9c today, which I thought it would retrace given its 2 previous runs to 2c
I've got enough of them, but I would like to see them go over the 2c mark in strong fashion. Via its announcements, the company has given little away. Luckily its management is top notch and its worth being patient.
DYOR
Sean K
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Nice to see it through 2.0 but early in the day greggy. Could turn down again. Increased volume may be in indication of an ann soon, but I'm not going to hold my breath. Maybe holding above 2.1 again for more than a day will be a sign of something. Hopefully they get some news out while the U phoria is still running hot. When LBY came out with their uranium acquisition the stock went up 45%. I'm not saying that is going to happen here, but it's a benchmark. That is, of course, that it's uranium they are buying in to. Portaloos still might be the target!
Sean K
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Held above 2.1, now trading 2.4 on volume. Might be a signal. Or day traders, though doubtul. Certainly one to watch. Might be too early in the day to tell one way or the other.
(holding)
Attachments
Great volume today, over 37 million shares sold. Took the opportunity today to sell out today (3 million shares) at an average price of 2.4c for a quick and reasonable profit. Good luck to existing holders. I intend to bank most of it and put a little more into ERL which I feel has been totally overlooked by the market.
DYOR