Ann: RTG CLOSES SECOND TRANCHE OF THE A$15 MILLION PLACEMENT, page-12

This is hardly placement stock coming out. Its just flippers all the time. The selling is across a broad section of traders and flippers. I think its nice that someone has decided to take these time wasters out of the stock. I reckon it will take some time, but it seems to have started at some level. This is all the short term rubbish again, the company is doing well, so let people sell. The stock has found a base and wants to build from here.
The Fes study is due in a few months and the mining license is due after that. Its a mulitbagger from here regardless of how i do the numbers. Even 3 seperate brokers have valued the stock at approx $2 some time back. Its all short term bling and missing the bigger picture imo. I reckon we will look back after the license and kick oursleves and wonder what the price was ever doing down here. dyor