Ive come to the conclusion being a holder of RLT is much like...

Ive come to the conclusion being a holder of RLT is much like being married…

Theres the initial honeymoon period where you get to know each other and everything is fun and exciting, then over time you could start to doubt things and lose interest.  Then, realisation hits that the only way out is to part ways usually ending in a costly divorce.  In the RLT instance, it comes down to taking a hit as the silly bot manipulator (aka divorce lawyer) makes certain theres no way out except at a loss.

Anyone who has tried to position a sell trade (as I have as a test on a few occasions in the last few days) will certainly have witnessed the sell stack miraculously amend the moment that trade is positioned or altered in the market.  Its certainly a frustration and an inconvenience knowing that the only way out is to sell into the bid, not be bought up into as there will almost always be a order miraculously appear lower than where yours is that gets hit if anyone tries to buy it up.  It is absolute rubbish IMO and unacceptable, but me being just another mug retail trader on the ASX all I can do is laugh and hold and hope that we can move past this to the next happy time.

That being said, I believe in commitment and vows and am of the sincere view that had this pretty stock not had merit or potential then it wouldn’t have been asked for its hand in marriage in the first place by the manipulator who seems intent on worrying other potential holders into selling at a loss.
THIS I SEE AS A POSITIVE.  Why would they waste time, resources and effort otherwise?

My experience in another stock where the same thing happened was PFT.  Mid this year I was in PFT with a considerable amount at an excellent entry price of 0.18 (which FYI was below IPO price of 0.20).  It traded sideways similar to RLT in a channel for quite a few months between 0.18 to 0.22 on very low volumes.  There was little newsflow.  The reason I bring it up is it was being manipulated in the same way as RLT is now with digital bids being dropped to encourage selling lower.  Like many other holders, I lost interest and sold out at a small profit.  Today (4 months on) it closed at 1.135 and has traded as high at 1.645.  I am down 6 figures due to my impatience had I still been holding in that trade.

This is why I feel the same about RLT and am comfortable with where we are now.  I think we are very close to the point where it goes bang.  The media/site visit is happening tomorrow / Thursday Oz time which will certainly bring exposure.  Theres so many other stokes in the fire here.  The Helium component is what really interests me though.  Its an exciting stock on so many fronts.  It’s a shame that it can be so easily manipulated but that’s part of having so few shares available for trade if its correct that the top 8 hold 90% ?  That being said, it can just as easily be let go to the upside when its time is decided.

Anyways, stay strong holders.  News is due.  If those gaseus odours turn out to be more than methane it should be a wild ride.  Either way, grass isn’t always greener and the ring is a sacred thing.  Remember to always apologise, smile & give compliments and maybe we will hopefully all get lucky in time   PS a chart with some thoughts.

All the best holders.