RMR ram resources limited

today's action

  1. 8,157 Posts.
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    The seller at around 3c for most of the day (if it was 1 seller) seemed to have an endless amount of stock to go.

    I can understand an accumulation strategy based upon keeping the price down by selling 2 to buy 3 which would probably allow the buyer to acquire more stock than just sitting in the bid queue but it did seem a bit relentless today.

    Anyway good to see some action in RMR, if the stock can make it to 5c - 6c or thereabouts then the RMROs should be around 2.5c - 3.5c against 1c now.

    Worth keeping both issues on your watchlist imo.

    EB

 
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