RMG 0.00% 0.7¢ rmg limited

I'm pretty sure you said it was a great buy at 0.006 as well. I...

  1. 100 Posts.
    I'm pretty sure you said it was a great buy at 0.006 as well. I thought anything bel .008 was a bargaiin and that the sophisticated investors would prop it up and be long term holders (since that is the reason why they get cheap shares).
    ACE, if you're willing to grind it out, this is a good entry price. But as with every move that has happened with the company of late, you can't be assured that it will go up on the news (good or bad), recent history shows it just likes to go down as it gets diluted further.
    Any good news will now need to be spread even further. And with big share holders happy to get rid of large parcels at these prices, you can olny imagine the flood gates will open as investors see a chance out if it starts going up. The volumes we have seen in recent times, were unheard of in the past.
    Here is to hoping this thing can be pulled out of the Queensland mud.
 
watchlist Created with Sketch. Add RMG (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.