Reabold Resources Share Discussion Threads

[luckykids] 27/8/2019 16:48

1 m sell at 1.25 to match it up it's not just today

[ileeman] 27/8/2019 16:47

@lucky

If you know RBD well then you will know this sort of price action is not uncommon on news day, watch the days following.

Nice 1million premium buy near close.

[luckykids] 27/8/2019 16:20

Another pointer isthey are nearly all going through at round numbers 1.15 1.20 1.25 1.30 over that time. Traders are trying to nick every 0.1p not give them away.Eventually news will overwhelm them

[luckykids] 27/8/2019 16:16

Oh yea granny just day traders And another 2m @1.20 just like there was at 11 am .This has been going on for days now. Maybe 10 days if you look back

[homebrewruss] 27/8/2019 15:33

RBD on the vox podcast today:

[ccr1958] 27/8/2019 14:08

Lee there is gonna be a very good news day in the near future,traders won’t be selling first thing.

[theaviator] 27/8/2019 13:52

Guys don't sweat the dailies. Fundies intact BIG TIME!

[theclangers] 27/8/2019 13:48

Yep, that's what happened with ADX Energy on the ASX Exchange, it went down on the news then quickly recovered and gained some!!!

[grannyboy] 27/8/2019 13:12

No there's not been any mysterious selling by ii's, just general selling...like its been stated by others on here, it's been the sell on news brigade...wouldn't be surprised to see these end up blue before c.o.b today..

[luckykids] 27/8/2019 13:08

I remember a post on here or lse that mentioned City financial was taken over by another fund that was now liquidating the remnants of the holdings of which rbd might possibly be one.It feels like that recently as the MMS have not bothered to move up on sometimes relentless buyingAnd then low and behold on most days they get dropped two deals of a millionIt feels like somebody getting out but not wanting to hammer the price

[ileeman] 27/8/2019 12:06

Just traders selling on news, RBD is not the best on news days but does usually get taken up the days following.

Eyes on some large buys soaking up sellers.

[grannyboy] 27/8/2019 11:53

They expect the td to be reached in approximately 29 days, that would take us up to next Wed 4'Sept...but that's approx and could be sooner, could even get results in the Monday update?.

[theaviator] 27/8/2019 11:40

No it's because they misread but hey am not complaining with what's coming here. Always nice to top up on red days.

[showme01] 27/8/2019 11:38

The tremors were down to all the Brummies and Geordies hitting Blackpool at the same time this weekend.

[cashandcard] 27/8/2019 11:35

lefrene,


RBD has nowt to do with fracking.


Cash

[lefrene] 27/8/2019 11:34

Could it be the fracking tremors at Blackpool that has spooked holders?

[simon_64] 27/8/2019 11:33

What ever happened to that Bad Robot dude with all his rockets and dancing girls clips any one know ? He was a boy.

[grannyboy] 27/8/2019 11:29

Thanks to the shenanigans of the MM's I've been topping up this morning....

[cashandcard] 27/8/2019 11:28

This is brilliant news - share premium account forms part of 'non-distributable' reserves. Reducing or cancelling it clearly paves the way for dividends or proceeds of a full sale of the assets/equity etc. Some traders may have missed this but it very clearly signals a value realisation or returns event/s in due course - an important piece of accounts housekeeping.

A very very positive move given Reabold have talked about the full cycle of value crystallisation including IPO's (where applicable) or outright sale of assets/company with proceeds being returned to shareholders.


Cash

[simon_64] 27/8/2019 11:25

Here we go that’s what I am talking about.

Now buying up the traders shares.

[chewtobacco] 27/8/2019 11:04

Nice little top up.Market has read the overall projected bcf as per presentation without realisation it's only first well imo and compared with the best guess estimate as per Asx rns.Make hay as they say. Loading up on any dips.

[cashandcard] 27/8/2019 11:02

Well, the positive in this update for me is the clear inference they may have encountered oil. Also, the next zone of interest will be intercepted within a few days once they drill towards TD.

The short term may present opportunities as it has in the past, but with this management and strategy, I'm happy to hold and even top up - the rewards will come.


Cash