FME 9.09% 2.4¢ future metals nl

Any evidence for this so-called 'manipulation', REDJAR?Why does...

  1. 478 Posts.
    Any evidence for this so-called 'manipulation', REDJAR?

    Why does 'manipulation' only get called when the share price is going down?

    The fact is this isn't, and never has been 'manipulated' in the slightest. It was well overvalued, announced a disappointing well result, and has been given a good kicking as a result. It's still overvalued now- what exactly will RMP have if this second Puntland well fails? The market cap is still a joke even after the recent falls.

    If you were 'in' RMP before the big drop, you have no one to blame but yourself. You invested in a crazily overvalued company and the chickens came home to roost. It wasn't your brokers fault or anyone elses. The mistake was yours and yours alone.

    With the non-commercial (as of yet) result under its belt, RMP should be trading at around 8p, at the most. There's further falls to come yet IMO.
 
watchlist Created with Sketch. Add FME (ASX) to my watchlist
(20min delay)
Last
2.4¢
Change
0.002(9.09%)
Mkt cap ! $13.80M
Open High Low Value Volume
2.7¢ 2.7¢ 2.4¢ $111.8K 4.147M

Buyers (Bids)

No. Vol. Price($)
4 282009 2.4¢
 

Sellers (Offers)

Price($) Vol. No.
2.6¢ 175000 1
View Market Depth
Last trade - 15.54pm 22/07/2024 (20 minute delay) ?
FME (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.