RAS 0.00% 1.6¢ ragusa minerals ltd

RAS General Discussion, page-15

  1. 6,274 Posts.
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    There's all manner of reasons someone might sell down their holdings, it is surprising they weren't a little patient?, they might have been able to drip feed & sell at more favourable pricing.

    If you look at the SP this year, it is quite possible they cleared out making profits:

    https://hotcopper.com.au/data/attachments/4856/4856464-c4f453c47d7da74ff8726818d282d018.jpg

    As we are awaiting analysis, the indications that Lithium will remain stronger for longer - this sell down may have little reflection on where the RAS business might be going.

    I'm inclined to take a position at these prices - late doing my Tax return, plenty of franking credits coming thru soon to put back into the market!

    Lithium, Rare Earths, & EV inputs in general will be my targets.

 
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