I think as long as the FTSE, DAX, DJIA etc continue to swing 5%+ on a weekly basis it wont make a puff of difference how many approvals, licences or contracts we have in place because the markets are predominantly in the hands of traders and worst of all sborters hence the volatility. Under 2007 conditions, we‘d be trading at around $4 by now. Technology has popularised stock market investing making it acessible to everyone with some spare cash. Unfortunately, many people lack the patience these days (a side effect of the easy credit boom) to see their investment come to fruition adding more volatility. In many ways I feel we are being robbed of our company‘s potential to deliver a fair-value ROI to investors. Look at FMG a few years ago. Could that ever happen again?
RES Price at posting:
49.5¢ Sentiment: Buy Disclosure: Held