The real problem in trying to determine what is pushing the price higher is that there are too many possible drivers ... again, not a bad problem to have!
Perhaps that elusive final property has succumbed and the rail link will now be on the low side of the estimates... potentially saving us around $30 million in capex and reducing overall operating costs for the next 40 years?!Perhaps Tassie results are better than expected? Perhaps savvy investors have woken up and just see this as undervalued/good buying with massive potential?
72c is tough, but will undoubtedly fall imo .....the only real question is when?
This one here is a keeper! too much upside imo.
GS
RES Price at posting:
63.5¢ Sentiment: Buy Disclosure: Held
