RMS 3.01% $1.94 ramelius resources limited

spp status, page-6

  1. 2,988 Posts.
    That was a concern I considered too Ajax. I reduced the risk by selling down some shares at $1.18 to cover the cost, hence swapping about 4000 shares for 5263 shares. If the SP goes to $1.50 on Monday then back to 95c about issue date this will obviously be annoying but nobody can predict the market, and IMO the SP has rallied amidst a barrage of anns and news from the company and may fall back a little towards $1.00 now they have likely got most of the SPP over the line.

    Hopefully They could be saving another "48m at 154g/t" scale announcement for Monday though to try to pull in the last few B-pay subscriptions.
 
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