RVR 0.00% 7.3¢ red river resources limited

Games Afoot, page-10

  1. 2,639 Posts.
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    I couldn't agree with you more on the upside Jo Jo and that's the fear I hold around the games/current trading pattern we are seeing.

    There is clearly trading and BOT strategy in play at present and a huge 68 million shares or circa 7.5% of the companies shares have changed hands this month already and we are only at the 17th of same. At that rate by end October we could see circa 20% of share holdings bought and sold.

    it was such a relief to break that 23-24 cent range but I feel we need to be in the 40-45 cent range to protect us from predators and or force any T/O offer to be up where it should be in terms of premium.

    best protection will be positive news and we know there is a lot coming so hopefully that flows sooner rather than later
 
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