Today marks the closing date for the EO so I wouldn't expect much SP movement north of 22c yet.
The EO opened at 9am on the 9th July and closes at 5pm today. So far as of 1.10pm EST today 9,698,205 shares have traded. Excluding a few hundred thousand for members of HC, the result is very close the number of shares PJ indicated he would take up in the EO!!!
I'm just kidding of course as I wouldn't dare make that kind of accusation against a man of PJ's integrity and commitment to RES. Nevertheless, it's easy to see how wild speculation can begin...
Hopefully, come tomorrow we might see the beginnings of some forward motion.
cap raising over, page-3
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