Share Name Share Symbol Market Type Share ISIN Share Description
Rockfire Resources Plc LSE:ROCK London Ordinary Share GB00B42TN250 ORD 0.1P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.0% 0.875 4,464,551 08:00:00
Bid Price Offer Price High Price Low Price Open Price
0.85 0.90 0.875 0.875 0.875
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining -0.48 -0.11 7
Last Trade Time Trade Type Trade Size Trade Price Currency
16:21:36 O 59,860 0.852 GBX

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Rockfire Resources Daily Update: Rockfire Resources Plc is listed in the Mining sector of the London Stock Exchange with ticker ROCK. The last closing price for Rockfire Resources was 0.88p.
Rockfire Resources Plc has a 4 week average price of 0.88p and a 12 week average price of 0.88p.
The 1 year high share price is 2.35p while the 1 year low share price is currently 0.25p.
There are currently 831,729,878 shares in issue and the average daily traded volume is 8,456,681 shares. The market capitalisation of Rockfire Resources Plc is £7,277,636.43.
flashheart: WARNING - 2 magpies is a paid troll appearing on several boards. He holds no shares but is paid per post to try (unsuccessfully) to manipulate the share price. Naivety in the extreme. Filter and ignore.
geko5trade: 2magpies, I would rather the price went up. Quite often companies announce very good findings but the share price falls. So if the pattern of fund raising continued at 3p, 6p, etc I couldn't care less how the market valued the findings. The fact that the market placed a higher value on the stock would be the important thing.
geko5trade: excellance, how do you know they haven't found anything? They will wait for lab results before announcing to the market but that's not quite the same thing as 'not finding anything'. Would you rather the company's share price halved and they raised at lower prices? They will raise that's the point of the listing and I can't understand your apparent objection to doing so at higher prices.
janestone: Ok, I admit it, I put that question forward. And I'm surprised that DP answered it. But really for anyone to become a millionaire then it does depend on the amount of shares that one holds. And it also depends on risk v reward. As DP pointed out, there is a risk. But in my eyes the risk is minimal due to the jorc and the fact that Rock have several interesting licence areas. The focus now is on the deep drills at Plateau, but the shallow finds justify the share price imo.
tomboyb: rns out
luckymouse: volume moves the share price - and large blasts of blue or red volume often mark the beginning and end of a trend movement - so this is an encouraging look further - the degree of that blast - in particular its ability to move the OBV can indicate the likelihood of success of that trend as it shows the mkt demand here has the ability to dramatically change the overhang or shortage of stock supply - in many cases the OBV barely moves or is negative - so this stock is now in a state of tight supply which will help drive it up the monthly view is a form of filter - only the v largest blasts will show up on the monthly - this removes the majority of stock breakouts leaving only the handful with the highest levels of participation volume is relative - especially to recent action - so huge 1m slugs of both red and blue may not move price as the battle is equal - but later when things have calmed down - a slug of 100K blue vs 10K red and the blue wins - esp if that 100k is taller than the last ten bars So it's all relative - biggest vs other stocks (mnthly) - biggest vs the last tens bars (itself) - biggest effective demand vs the free float (degree of OBV % Chg)
2magpies: formula1187 from the RNS of 28th October (so, probably the samples were sent prior to this date) --- I am assuming that ALL samples were sent by 28th October: "Samples have been delivered to the lab for analysis."
2magpies: From 23 Sept (so don't panic!!!) "Rockfire has raised gross proceeds of GBP350,000 through a placing of 116,666,666 new Ordinary Shares, at an issue price of 0.3 pence per Ordinary Share (the "Placing Shares"). Investors subscribing in the Placing will also receive one warrant for each Placing Share subscribed for (the "Placing Warrants"), exercisable at 1 pence per Placing Warrant for a period of three years from issue. Should the Company's volume weighted average share price equal or exceed 2 pence per Ordinary Share for five consecutive business days, the Company is obliged to write to each Placing Warrant holder providing notice of exercise of the Placing Warrants after which the Placing Warrant holder will have up to 14 days notice to pay for the exercise of their Placing Warrants ("Accelerator Clause")." Well, the share price is now above 1p so the warrants are exercisable. If there is a close 2p or more for 5 consecutive days, the company will force an exercise and will receive 116,666,666 x 1p = £1,166,666
janestone: Interesting that Alastair keeps looking to the left, which is memory and truthfulness. The only time he looks to the right is when he says rockfire's share price on fire. It shows that he doesn't believe that it's on fire atm. Sound body language.
andrewbatchelor: If the results are any good, the share price will rise above 1p. If the results are no good, the share price won't rise above 1p, and the company won't be able to do a fundraise. Catch 22!!
Rockfire Resources share price data is direct from the London Stock Exchange
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