RE:RE:low volume.It is a strange world we live in when a company like RMP with it's magement, assets, and balance sheet could even be considered at risk.
What do you think TheRock79 that is what really matters?
Ask yourself this though, if I told you when oil was 43 earlier in the week and that oil would rally back 3 bucks by friday and rmp would stay flat would you say yeah that makes sense. RMP appears to be back too big drops on drops with oil and flat to down when oil goes up. The share price is behaving exactly as it has each time it has fallen by 50% or more.
We have seen about a 55%-60% reduction in revenue and cash flow per share. However, we have seen about a 90% reduction in shareprice. What I am saying is that current valuations don't make sense unless you start to ask if the market is beginning to question RMP as a going concern. I even think that was why on the last quarterly report RMP outlined how far away there from breaching there only debt covinince.
Hey what I know, cheers Matthew
Cheers Matthew