RMA keeps dazzling investors

FRESHLY-listed explorer RMA Energy’s share price has soared to $2 since it began trading on the bourse last Thursday, eight times its initial public offering price of 25c a share, on news the company has started drilling at its McCauley Creek and Coane Range projects in Queensland.

RMA keeps dazzling investors RMA keeps dazzling investors RMA keeps dazzling investors RMA keeps dazzling investors RMA keeps dazzling investors

RMA’s rise suggests there is life left in the IPO boom – shares in the company debuted at 85c, rose to $1.50 and Friday and today gained another 50c before cooling half a cent to $1.995.

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