Not a loser for selling, a loser for selling it down 15%, all for a carton of beer.
Nothing has changed with this story. Fundamentals are exactly the same as they were when people were happy enough to pay 90c.
Take a look around the market, do you think people are any happier holding RIO, BHP, FMG, OZL, and these are considered quality stocks?
You just never know when Range might fire up? Frustrating as the wait has been, I hardly think a sell down on a day like today, when the total trading value is only $9,353 says anything. It certainly doesn't make me nervous.
RRS Price at posting:
5.1¢ Sentiment: Hold Disclosure: Held