I read with interest the people who think Oil Barrel presenations will be preceded with some sort of significant announcement.
ASX rules stipulate that any announcement of significance must be made immediately or a trading halt requested. The more likely outcome is they are priming investors for something out a week or 2 after the presentation.
There will be dissapointed AIM holders in the next 48 hours I suspect.
But the recovery from 5p has been on reasonable volume with zero useful news. This tells me someone knows something.
RRS Price at posting:
9.6¢ Sentiment: Buy Disclosure: Held