Any evidence for this so-called 'manipulation', REDJAR?
Why does 'manipulation' only get called when the share price is going down?
The fact is this isn't, and never has been 'manipulated' in the slightest. It was well overvalued, announced a disappointing well result, and has been given a good kicking as a result. It's still overvalued now- what exactly will RMP have if this second Puntland well fails? The market cap is still a joke even after the recent falls.
If you were 'in' RMP before the big drop, you have no one to blame but yourself. You invested in a crazily overvalued company and the chickens came home to roost. It wasn't your brokers fault or anyone elses. The mistake was yours and yours alone.
With the non-commercial (as of yet) result under its belt, RMP should be trading at around 8p, at the most. There's further falls to come yet IMO.
RMP Price at posting:
27.5¢ Sentiment: None Disclosure: Not Held
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