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20.5¢ raptor resources limited

Ann: ResApp Successfully Completes $7.5 Million Capital Raising, page-77

Currently unlisted. Proposed listing date: 4 SEPTEMBER 2024 #

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BWinter

2,625 Posts.

307

19/09/18

16:08

Post #: 35703263
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Originally posted by Beeperone ↑

"Well I hope the flipper funds didnt get any stock."

It has been interesting and informative watching RAP's SP progress on the board today. Retail has definitely left the room and the games have begun in earnest for the big players. The Funds that do flip short term may reassess their strategy very soon.
The week of the 24th will be a big one for many reasons. The SP in that week may be reflected in the balance between the risk/reward for those CR Funds and the pressure of those Funds that missed out on the CR but want to get in as well as those already in that want more. Who will be selling after the CR dust settles on the 24th and the tension increases amongst the now bigger pool of LT Fund investors wanting to increase their investment?
Positively interesting times ahead for RAP SP.

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A fair few retail players at the close by the looks of it. Thought we might finish the day where we started but looks like close will be 23c. Anyway more depth on the buy side than the sell side so price could recover pretty quickly if that persists.

RAP Price at posting: 23.3¢ Sentiment: Buy Disclosure: Held
7 Upvote

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