RES does not depend on RES management performance anymore. If the market will crash to the scale that I think it will (which is more likely to happen) than there is a high potential for the contract with Transnet to be delay more than end of this year (because this is what happens when market crashes in that scale) than RES is a dead stock for quite some time. This means it will go down a lot more. I'm in RES since may 2009, a great believer in this stock and the management. I moved a lot of my funds to this company in the beginning of this year. I'm very sad to say that I will be among the selling tomorrow with the aim to buy at 20c and cover some of my (HUGE!!!) losses
RES Price at posting:
30.5¢ Sentiment: Sell Disclosure: Held