EOFY tax selling.
Will we head below 5c? Thats the questions now in the 3 trading days left? Who knows.
I'm not sure at what level this becoems attractive any more.
How much is the tenements worth to someone else with deeper pockets and longer term view? Surely they coudl buy this out for next to nothing now. Any Chinese or Indian Coal conglomerates out there? I suppose they'll all just wait until the tenements are releaesed after we go under.
Maybe I shoudl put a bid in at 2c. You never know your luck.... sigh.
RES Price at posting:
5.2¢ Sentiment: None Disclosure: Held
