All other things being equal, I think RRS will oscillate (base) with a slight upwards bias between 2.5/2.7c over the next few weeks, and then undergo a significant upwards breakout. The options (RRSO) are likely to fluctuate between 0.6/0.8c during this period and then take off into blue sky, accelerated upwards by a breakout in RRS head shares.
The above is my view based on technical analysis, and obviously subject to ongoing positive company U-News, which seems more likely than not at the moment. Seems to me that the options (5c due Oct 2007) would offer an excellent high risk leveraged U-Punt the coming few weeks.
Mensa.
RRS Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
