Would not surprise if there is a stock shortage now in RDF. A number of funds are actively buying and I believe the company itself has had a number of approaches from funds enquiring if the company is aware of anyone with a sizeable line of stock to sell.
Bit late IMO, a large proportion of the 83 million shares on issue are very tightly held by long term holders who know what is coming, at a guess as few as 20 to 30 million would be available to be traded and that % must be shrinking further with long term holders topping up.
RDF Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held
