RBR as I’ve said on other threads this one is a real good punt short term , it’s dipped it’s toe into the $B industry in Mozambique and at current market cap is very capable for a massive rerating come deal time.
My tip , I said get in at 1.5c -1.7c even and u will see around 2-3c by quarterly report end of OCT but it’s very tightly held so getting stock is hard for a novice this is very likely a 4-10c stock by Xmas so don’t get caught up
in pips if u want a play to hold onto.
im an honest reporter so I’ll say
Risk reward is very good at current level an unlikely flat report at quarterly will see this settle back down at (1.2-1.3c short term only) but will slowly climb pre quarterly in anticipation to news to around 2-3c by early NoV if news is good then it could well rerate towards the target of 10c . As always this is my own thoughts and only trade with what u can afford and DYOR
TDT
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RBR as I’ve said on other threads this one is a real good punt...
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