IMO the problem is SPP being too big and the lack of news after Mr. Paterson's ann.
SPP was at 1c and we are certainly in a better position than 2 weeks ago.
Waiting to see management say SPP is closed.
Selling at 1.5 after the 25m SPP dump from Paterson made sence.
But now at 1.1c the risk-reward ratio is very attractive IMO.
I'am happy to wait.
RMX was pumped to 1.5 followed by a dump to 1.1 before it flew.
Waiting for news- SPP closed, aquisition.
Lots of positives- including 0 EV and potential aquisition with no follow up CR. But this is still a spec stock. So one should do a lot of research before buying.
Patience!
EYM Price at posting:
1.2¢ Sentiment: Buy Disclosure: Held
