RLE 0.00% 9.0¢ real energy corporation limited

Ann: Change of Director's Interest Notice - Scott Brown, page-18

  1. 7,838 Posts.
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    Gents,

    I suspect he's playing it safe. Fact is, you may be right about not getting high enough in time. However, good flow rates/reserves news/prospects could see this rally well into the teens at least - surely??!! Only needs to get there by April. A share price at 20c makes a certainty of it and I'll be very disappointed if good news does not see AT LEAST 20c.

    Only reason it wouldn't is if results are poor … or, everything takes longer than anticipated. That was the reasoning behind buying OB's in the first place: allowing for the unexpected!
 
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