Australian (ASX) Stock Market Forum

RPT - Redport Limited

laurie said:
Well it's a 50:50 bet each way

cheers laurie

Well, it's a bet I would have won if I had bought back at day's end.
But I think a retrace to 10 cents is probable as a line of secondary support.
So I will bid 9 cents next week and wait a while!
 
rederob said:
Might buy back in a few weeks, or add more AEX (preferred).
The heat will be taken off uranium by then and the inevitable correction should alllow a reasonable buy price.


OOoooo... I have to say im with laurie on this one...

According to Redport's announcement, drilling will be done in 1 month (so end of april), and due to the anticipation of good results, Id say the sp would go north... :2twocents

But for the record, i too prefer AEX :D
 
nizar said:
OOoooo... I have to say im with laurie on this one...

According to Redport's announcement, drilling will be done in 1 month (so end of april), and due to the anticipation of good results, Id say the sp would go north... :2twocents

But for the record, i too prefer AEX :D

thsi Uranium bubbel is goign to last longer than u think, wont burst just yet imo, needs a trigger

thx

mS
 
laurie said:
Hmmmmmmmmm......... 0.14c at mid afternoon trade ;)

cheers laurie
Laurie
Note that 13c, then 12.5c have been hit since the huge leap north.
I agree that uranium's bubble is a long, long way from over, but a lot will happen before RPT has a mine in place, and even the drilling results won't be in until some time in May.
The numbers show that in RPT's recent history it has only closed above 10cents on 9 occasions. Moreover, until last October RPT had never touched 9 cents; and it fell below that level for much of the period from late November until last week.
Put simply, many holders can quit RPT at significant profits now, realising that 17cents has come and gone for a while.
So I will stick with a buy bid at 9 cents for now, and will see if I can wind it lower in a fortnight.
 
rederob said:
Laurie
So I will stick with a buy bid at 9 cents for now, and will see if I can wind it lower in a fortnight.

I would do the very same thing RPT going nowhere for now :2twocents

cheers laurie
 
IMO i think that the cheapest you will be able to get it at is .125 to .13 cents as thats the trend thats being created ATM but time will tell.
:)
 
laurie said:
Wow .09c that's low I think the bottom line will be .12c ;) :2twocents

cheers laurie
10.5 hit today
More lows to come?
I think it's possible.
Just my 9cents worth.
 
Possibly.

Any idea what Lake Maitland is worth to the sp if WA allow it to be mined?
 
Found great support at .10c. Looks to have bottomed and now climbing through .115c on good volume. Buying the rest of lake maitland must be seen to be a good thing. Glad I held on on the way down. :)
 
does any one know what is really happening with this stock? i bought some at 9cents just before the boom should have sold but didnt, i have heard this stock is going to be around 1dollar in 6 months, i have also bought some at 0.105 etc, good news coming soon?
 
Lake Maitland is a real U3O8 resource, but can't be mined obviously. The uranium debate the PM restarted last week should continue over the next few weeks and cause a stir. Big Kim has stated that he thinks Labor should change the 3 mine policy and if this is agreed on at their next national conference, then all the uranium explorers out there will be boosted. Obviosly those with a measured resource and closer to production will do well. There are a few who are closer to being able to start mining I think, and this is reflected in their market valuation, but LM seems to have massive potential.
 
I sold out of this stock. Anyone who does want a longterm hold we all know redport will have a great chance of being successfull. We also know due to mine restrictions it isnt going to fly up anytime soon. I will definately come back into this stock when I get some more cash.
 
Up 13% to .125c on 10M turnover on a very crappy day.

Heading back to .14c imo. Then you'll see some resistance, unless there's a good report out.
 
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