RSP resource pacific holdings limited

Johnny BoyIt does looks good, the fact that the price is still...

  1. 493 Posts.
    Johnny Boy

    It does looks good, the fact that the price is still over $3.00 after new hope pulled out...... for now.

    Intelligent investor had a price target of $3.30 on RSP and that was before the takeover games begun.

    Add another .40 .50 cents as a takeover premium and that should take it closer to $4.00 before management let go of the company.

    Hold on people they will pay more as it will cost twice as much to build a mine from scratch these days and that's if they can get enough staff and equipment.

    Cheaper to pay a premium for existing companies...
 
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Currently unlisted public company.

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