Post by
jezzanzuk on Apr 28, 2016 2:11pm
Share Price
RMC and NEV are tracking each other step for step. Looks like NEV is going to hit the pre announcent levels @ $4.70 by end of this week or early next week if it keeps up current share movement, so RMC should realise the target price of $9.40. If the market sees the value of this deal and NEV pushes higher RMC value should keep tracking and pass the $10 mark. So the question for all the RMC holders is when to sell... keep holding? Sell some? Sell all?
I bought a thousand NEV when they dropped to $4.20 hoping they would quickly regain the inferred value. Looks a good call.
Comment by
rob926 on Apr 28, 2016 5:25pm
Great movement last 2 days. Could be a lead up to the conferrence call tomoorow. I've been waiting 4 years to get some money off the table so I did not want to take a chance on what happens tomorrow so I sold 125,000 US shaes today. Now I can ride the rest for a while.