Not out of the question but the smaller volumes are indicating (just my thoughts), that someone is pushing the price up rather than the price being forced up by sellers or buyers taking volumes..
Smells a bit like someone wants the market to believe good news is possible rather than good news actually being delivered at the next announcement.. not a pump and dump, more a slow bleed to push the price up then a bit of a sell of at better pricing just prior to the announcement on higher prices..
It's a smart play by a little fish, but nice work!
If it was someone in the know and let's remember we are dealing in a country where secrets wouldn't last long, I would expect bigger parcel sizes than 20,000 @ 0.20c ($4k)..
Anyway, my fingers are crossed and I'm hoping the little fish might regret selling his shares prior to the announcement that we are all hoping for!! We've earned it..
RES Price at posting:
11.0¢ Sentiment: Hold Disclosure: Held
