The only problem now is it brings in the day traders who will buy and sell all day while in the background the big investor players will be scooping up at the lower swings the traders take it too.
Eventually we will be heading to 50cents once the initial games finish, as this announcement is a total re-rate of the company and the big funds know that in a years time these prices will look like the biggest bargain in the world. The risk now for big funds has been significantly reduced so they will have confidence to buy plenty.
RNU Price at posting:
29.0¢ Sentiment: Buy Disclosure: Held
