In my eyes they are worth negative 12c at the moment and have no value. I know this is a simplistic view, but can't see what would push the heads over $1+ in the current climate.
I am surprised that RRSO are still above 3c at the moment.
For what it is worth, I have only ever traded RRS once for a nice gain intraday, but regularly read all the posts and keep it on my watchlist.
I am amazed at all the hysteria that appears to be attached to this stock, with secret underground clubs, perfectstage v rupert, PS disappearing just before the rise, rupert selling out the options, all this talk about consort, Shrewd Crude appearing all of a sudden and the old posts from a nic named puntland. I really just don't get this stock.
It is like an ongoing soap opera, and imo it is hard to make a decision to buy with such conflicting views.
I am in 2 minds whether to actually buy in on the heads for a medium term hold (3-6 months in my language).
Can someone in simply English tell me why I should buy RRS in bullet point form without all the conspiracy nonsense.
I hope to receive a sensible reply or 2.
RRS Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
