There is 7 weeks of trading left until the options expire so i would say there are quite a few people looking to sell up to fund the conversion (myself included). Hopefully there is some positive news between now and then to lift the share price and bring some buyers back in otherwise there will be a lot of selling pressure leading up until the end of the year.
Im looking forward to the company providing some sort of time frame as to what developments and time frames are expected in the lead up to the project getting started, all we have had so far is a report by an external consultant which was fairly accurate so far for costings, but a bit ambitious with time frames. The possible start up date has only been confirmed through emails to the company, nothing official has been released. Makes me wonder how they will go with fast tracking the project to production given how long it is taking to get the initial costings completed.
- Forums
- ASX - By Stock
- RHM
- be patient
be patient, page-3
-
- There are more pages in this discussion • 16 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add RHM (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LGP
LITTLE GREEN PHARMA LTD
Paul Long, CEO
Paul Long
CEO
Previous Video
Next Video
SPONSORED BY The Market Online