FME 8.70% 2.1¢ future metals nl

rrs action upon aim listing

  1. 572 Posts.
    Hi guys,

    Below I have posted my view on a perception that has been pushed for the last few weeks across RRL/RRS boards, regarding RMPs AIM listing. Now please read the post in full before jumping the gun, I am definately not negative at all on RMP, just the perception written about below.

    I have not yet purchased any RMP, but with new funds due shortly will be purchasing some RMP any day now to add to my RRS holdings.

    Would like to hear any views on this matter from current RMP holders.

    This theory of RRS being under pressure from people selling RRS to buy
    RMP upon AIM listing is complete bulldust! IMHO.

    Its a numbers game pure and simple. On what planet does any
    significant selling of 1.9 Billion shares go into 150 million RMP
    shares, for RRS to be under any pressure from this scenario, so called
    swap over volumes would have to be 100-200 million RRS, now my guess
    is RMP would probaly double in price on a mere 20-30 million turnover,
    maybe much less. Now who would be still interested in swapping RRS for
    RMP at 60-70c or 90-1.00, It basic maths supply and demand. RRS will
    not be under any pressure from RMP listing at all IMHO, any swap over
    volume will be dealt with in a day or two.


    Those shareholders who are truley interested in a decent size parcel
    of RMP, have already done so, lets not kid ourselves here, AIM holders
    can already purchase on our market through their broker, and AIM
    holders are already well aware of RMP high leverage high risk
    proposition, the case for AIM holders buying on mass upon AIM listing
    dose quite add up, as most can do so now.


    I will be adding a small parcel of RMP early next week, less then 5%
    of my RRS holdings, but wont be selling any RRS to fund RMP purchase,
    would have made the move earlier but had no funds available, and to be
    honest would like to take a larger position, but I am just not willing
    to sell any RRS to fund RMP purchase at the moment, I may do so if
    conditions allow depending on scenarios in the future.


    Now I am not saying RMP will not have a successfull AIM listing, I
    believe it will with expected news due to coincide with listing, But I
    totally dispute any rubbish of RRS holders selling on mass to fund RMP
    purchases on AIM listing.


    Cheers
    jamit01

    --------------------------------------------------------------------------------
 
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