re: jv announcement still to come! "They" will do as they their agenda pleases.
I personally believe that, all going to management plan, RRS is at or nearing its low, and RRSO has recently left its lows. You make up your own mind though.
I would not be too concerned on RRS drifting atm. A JV will give equilibrium and direction to the sp . People just rebalancing their holdings at the moment imo.