66%

I posted this initially on III in the UK.

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With AIM now holding 66% of the issued shares the remaining 34% or 340m odd shares must be pretty tightly heald by now. I remember that 70% AIM was mentioned on the Oz board a couple of months ago as the magic number which would leave (after the top shareholders were factored in) the ASX with little or no stock. Here are daily price and volume history for the last year for RRS and RRSO showing the decline in volume in recent trading sessions.
Remember that lower volume on falling volumes can be a good indicator of a change in a downward trend.
http://www.tradingroom.com.au/apps/qt/quote.ac?section=pricehist&sy=tpl&code=RRS#tabs
http://www.tradingroom.com.au/apps/qt/quote.ac?code=RRSo§ion=pricehist&submit=Go!

Both the long term chart and short term charts look good indicating the longer term uptrend is still intact and the short term pull back may be nearing an end.
http://www.iii.co.uk/investment/detail?code=cotn:RRL.L&display=javachart&it=le

The same poster has also muted that the recent sell off has been controlled by the boys to shake out the last loose shareholders on the ASX and get it primed for the next leg. The thought is that the ASX quoted shares will be used as a spring board to drive the AIM share price.
Here is the post
http://www.hotcopper.com.au/post_single.asp?fid=1&tid=1233472&msgid=6930694

My view is that we will hear some news on Georgia at or before the Wednesday meeting. If the share price rises on good volume early next week IMO this means that the Institutional investors are in on the news.
I cannot see AOI scheduling an announcement to suit Range when they are still waiting for RMP. All of the above is just what I as a PI have pieced together. My next suggestion is sheer speculation.
The only way we will get news on Puntland go ahead is is somehow Red Emperor have secured or are securing in the next 3 days funding for the 2 drills. To do this IMO the price of RMP has to be around 25c to avoid the boys diluting themselves too much (85m shares at 20c raises the required $15m). Current sp is 16c up from 8c before the recent issue (100% increase in no shares) at 9c. Here is a 1 year chart, notice the volume on the latest move up.
http://www.tradingroom.com.au/apps/qt/quote.ac?section=chart_yearly&sy=tpl&code=RMP#tabs.
It they are going to raise the cash in the next three days either RMP will be trading halted of the price will move up allowing a placing at a discount at 20c. This is an extremely unlikely scenario before the meeting on Wednesday but RMP are worth watching extremely closely even if you do not have any shares. Besides if you are watching the ASX tonight then you might as well keep an eye on RMP it may just relieve the boredom a little.

regards to all posters vsm