RES resource generation limited
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sell side thinning

  1. goggledog
    7,060 Posts.
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    04/08/09
    10:10
    Post #: 5465606
    The sell side is looking very thin. I think RES is a steal at anything under 80 to 85cps at the moment, which is where we were before the rights issue announcement.

    That price isn't factoring in the pending resource upgrade either. I think we'll move towards that mark this week and then see where she goes post announcement.
    RES Price at posting: 62.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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