Now we are in post-takeover mode, we'll be aiming to see what catalysts exist for a share price rise- sorely needed on this cliff-crasher. As of now, the AUD is @ $1.058. As the AUD pips down, so too should we see an improvement in RDF's share price. Perhaps the AUD decline today, led to a few % points up for RDF- either that or the market considered it to be in oversold territory- however the market determines such things.
Ironically, the lower the AUD goes, the more RDF is back as a takeover play. I guess a real AUD plummet would see us getting a >$3.00 takeover offer after all. But for now, we wait.
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