RES resource generation limited

good article in today's afr (taken from brw), page-28

  1. 219 Posts.
    JS,

    Yes, I did manage to have a quick Q&A with mr M. But, whilst he was happy to take my call and answer a few of my random Q's, he was unable to shed any light on the "who's doing all the selling?" topic.

    I did ask him to confirm this quote from the above article
    "Calcutta Electric, has already indicated it will support an equity raising".
    He confirmed but added that this was not new information as they had indicated this from the outset of their involvement.

    From my standpoint ... The current sp is what it is. I'm sure we would all like it to be higher but it ain't. If it was 40 or 50c would I be selling? Probably not. Still a "buy" for me, but keeping some in reserve for CR. This is a loooong termer.

    GS
 
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