Great post CT, I am with you all the way and happy to see it at...

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dylbus

149 Posts.

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29/04/16

22:11

Post #: 17638680
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Originally posted by ClownTrader ↑

It was a half truth: they were fully funded for the scope of works originally intended, but the scope of works is now broader and bigger and I think it will be better. Short term pain for long term gain. Misleading I agree, especially since the prospectus would have taken a while to compile and during that period the 'fully funded" line continued to be rehearsed. But I guess if I was in their shoes I'd have to do the same- it is bad form to hint at CR ahead of the fact.

In the meantime. A good chunk of volume today is healthy as this moves the baseline up... I don't believe for a second that all the sellers today are selling at a loss... We want new shareholders in at higher entry points than sub 20cents: it gives strength and stability to a stock to have consolidation periods.

If the prospectus is correct, BL has 30 million shares. It is in his interests to progress this along to become an attractive takeover target ( I don't want a takeover btw as I think it short changes us) because it will be the only way he can offload some or all of his shares without freaking out and disrupting the market.
Whatever your thoughts about BL, he has good reason to make RAP kick goals quickly.

Everyone is focussing on the sp dropping a few pips but few are noticing the obvious fact that for every seller there is a buyer. It is healthy to see that a lot of shares are getting mopped up. The hunger for RAP is evident.

CT

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Great post CT,

I am with you all the way and happy to see it at these prices, Picked up some more today at 21 -

Just remember...
'the half truth" - Is still half a lie..

As I said I know people who jumped ship just because of that, Nothing to do with losing coin

<3 Dylbus

RAP Price at posting: 20.5¢ Sentiment: Buy Disclosure: Held
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