In the last ten days alone, 20 million RRS have been acquired on the ASX and transferred to the LSE
This together with 20 million RRSO having been converted to RRS and then transfered to the LSE also in the last ten days
That's a total of 40 million shift to LSE in just ten days
The conversion of options has also obviously filled the company's coffers.
Some serious accumulation going on and ASX stock is really drying up.
UK and Euro based investors will soon be running short of both RRS and RRSO (who would have thought) at these levels.
The sp will likely rise, and could do so dramatically if and when we have more positive news and analysts have to upgrade targets.......it's getting very tight
jr
p.s. qtrly due tomorrow
RRS Price at posting:
10.5¢ Sentiment: Buy Disclosure: Held
