I don't know who is selling but there is plenty of bogus seller bids above 50c. I hate to say it but I think it's well on it's way to 40c and blow because it's x-mas time and no major ann are epxected until mid June 2011.
I feel the frustration Rob, it's like a merry-go-round that just won't stop. We have stuck it out this long, I might as well keep going.
I honestly wish I traded it instead of holding on, it would of been alot more lucrative and I'm sure I would be sitting on double the shares I currently have if I did.
The only reason I didn't was that possible unexpected ann out of left field, which obviously never eventuated.
I think cash is king at the moment and if you have any spare that you're thinking of putting into RES, then I would probably wait a month or two as it's certainly going lower considering the ominus market depth that it impeding the sp.
RES Price at posting:
47.0¢ Sentiment: LT Buy Disclosure: Held