RMX 0.00% 0.1¢ red mountain mining limited

Seemed to be a lot of soaking going on around 3.3c today. That...

  1. 26,847 Posts.
    lightbulb Created with Sketch. 1309
    Seemed to be a lot of soaking going on around 3.3c today.

    That suggests to me that a few players will be wanting a big position size before we go further. Never discount the amount of manipulation that goes on, we saw that with bots selling down 1 share parcels constantly to tick into 2.9c the afternoon before the Ann. They will also load the sell side where they won't get hit, to push sellers into their buys.

    Considering this has been derisked with the Ann. of drill timing now over coming weeks,this is a good entry level IMO.
    All I,m saying is be patience over the following days leading into the drilling phase, be aware of what is going on in the bigger picture, and make sure you have enough stock.
 
watchlist Created with Sketch. Add RMX (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.