The AiM:RRL volume record was ***SMASHED*** today by 10m shares - 56m changed hands in 1407 transactions. Pressure above the 7.1p mark (just over 12c).
52 week spike of 6.99p was breached for most of the day with the final trade being a sell at 6.98p (12c).
Hard upper resistance at 7.1p it seems.
Large trades ------------ 4 x buys of 500k @ (7.12p, 7.08p, 7p, 6.93p) 1 x buy of 1.3m buy @ 7.06 not sure if this is one was buy or a sell 1,013,902 7p 70,973 bid 6.75p ask 7.2p (I'm leaning towards it being a sell).
There are a lot of people getting involved in the story and many seem quite happy to averaging up at this stage of the story. Suits me fine!
Keep the news flowing PL.
Smith fraccing completion was announced two weeks ago. There must be a shed load of pressure down hole if it's taking this long to clean up the well and open up the choke.
Production casing should have only taken a few days to set so they must be testing at the moment.
May we have the Georgia seismic and JV restructure news as well please!
RRS Price at posting:
11.0¢ Sentiment: LT Sell Disclosure: Held
