Why should RVR be priced at 40c? Because it touched that mark at some arbitrary point in the past? Why fixate on that value rather than the 19c sp following the disorderly ausbil selldown?
You continue to talk about ‘good fundamentals’ but haven’t you noticed the SP is bouncing around purely on commodity price macros and technical considerations?
Case in point - following the unsuccessful rally against 32 resistance several weeks ago the SP has experienced 7 or 8 days of continued selling, and declined by ~25%!
Make no mistake my little friend, if POZ continues to fade next week (which seems likely) we’ll be down into the mid-20s and below before much longer. The current price point may seem expensive!
RVR Price at posting:
26.5¢ Sentiment: Sell Disclosure: Not Held
