Hi guys opinion below on a current perception being pushed acrssed RRS/RRL boards of late.
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.