I don't really care if shaws buy or not, just as long as their selling has stopped! Others will buy once we have an offtake sorted.
Shaws previously sent out their report & issued a BUY recommendation to brokers & then were net sellers, I can't see how after a stunt like this they could have a great deal of cred. Happy to be proven wrong though.
Having said that, even if only part of their calcs are accurate the DCF val of $4+ is VERY promising.
Mandarin mentioned MQB have been buying recently. I would be interested to hear more about this...
RES Price at posting:
54.0¢ Sentiment: Buy Disclosure: Held