In fact if I think about it for a moment it makes perfect sense;
RES announce the resource upgrade without any fanfare & on a red day for the XJO & hey presto you've got the perfect opportunity for those in 'the know' to clean up in terms of buying more shares at a bargain price as is the case today. The 'bear trap' has already enabled them to accumulate yet again.
Let's face it with the likes of the CBA holding such a substantial stake in the company there's got to be much bigger news to follow.
So Baggies you're right RES management really are on the ball mate.
CLM
RES Price at posting:
63.0¢ Sentiment: LT Buy Disclosure: Held