the lack of share price movement didn't make sense. when they had the trading halt last December, there was buyers lining up starting around 15cents and it looked lined up ready for a decent price movement.
I think RES is suffering from...
1. everyone who knows it well has already bought up and can't / won't risk anymore. so many bought up when PIC sold so many shares in mid/ late last year.
2. crying wolf too many times and people have lost interest
I don't understand why there was a 3 day trading halt prior to announcing who the three funders were, but the independent report is released as non market sensitive. surely that should have been the most market sensitive thing released. the result was a lackluster day of trading. the independent report pretty much says it's going ahead and I think shareholders would be silly to reject what is a "fair and reasonable" deal.
not sure I understand. surely the share price has to climb steadily from here.
the lack of share price movement didn't make sense. when...
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