jayse888, like your spirit, simple fact is RFE has a realistic valuation of $1.08, no matter what they are up to at the moment. oil and gas prices going up is only going to help our cause and recent M & A activity suggests somewhere down the track RFE will come under the microscope.
sharechaos, SP is so desperately trying to go up but we still have a few dedicated sellers, from the top100 received last week we have at least 5 possible culprits, National Nominees, UBS, HSBC, Prals P/l or Equibo.
on the other hand, most of these shares have been going to top 6 holders so will call them strong hands.
as the sellers dry up and bollinger bands tighten RFE is slowly getting ready to head up some where near a proper valuation.
RFE Price at posting:
41.0¢ Sentiment: LT Buy Disclosure: Held
