Not sure what to make of the 1.2m traded today. Normally prefer to see price moving up on volume, but I guess the positive is that there was a buyer for over 1m shares without the seller destroying the market.
Let's hope for some positive news on debt funding. I am treating this as a seed capital play, with the next round of funding to come after debt has been sorted (i.e comments regarding re-IPO). PJ would almost be better to delist this and then have a fresh IPO. I think this company would be valued a lot higher if it were coming fresh to market. Too many stale holders at the moment.
RES Price at posting:
35.0¢ Sentiment: None Disclosure: Held
