RDS 0.00% 0.4¢ redstone resources limited

Hi Jakobi and LeinadGood to see some well articulated and...

  1. 68 Posts.
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    Hi Jakobi and Leinad

    Good to see some well articulated and constructive debate on this form for once!

    Keep it up guys...

    Only point I have to add is that the market always finds a long term equilibrium for any stock. Quoting highs of 1.75 and lows of .37 are irrelevent to me.

    Fact is that on volume weighted market purchases of RDS since IPO 18 months ago is approx 80c-90c. Those that were selling at 40-60c are capitulators with buys prices at IPO or 1.20+.

    Sentiment was always going to change...considering this co has been seeing red 90% of the time since Aug.

    I assume the market will find out over the next few weeks and months the following info that will hopefully bring serious returns to those patient holders who haven't pressed that sell trigger in recent times:

    1. Geochem ground samples for platinum on Halleys (thought all RAB drilling was announced last July?)

    2. Development regarding potash tenements in Brazil

    3. Announcement regarding exact commencment date of RAB and diamond drilling at Halleys etc in Mar/Apr

    4. Drill results that say the co has intersected a monster deposit!!! LOL

    Cheers,
    HH

 
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Mkt cap ! $3.701M
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Buyers (Bids)

No. Vol. Price($)
17 7771339 0.4¢
 

Sellers (Offers)

Price($) Vol. No.
0.5¢ 8653943 9
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Last trade - 16.12pm 30/08/2024 (20 minute delay) ?
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