When the placement was done at 18cps (pre-consolidation), surely Jury and Mathews would have already known a consolidation was inevitable at some stage in the future. This, to me suggests they are very confident in RES.
$1.80 is the equivalent of the pre-consolidation SP and here we are sitting on 80cps. Undervalued? Just a little!
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- management is confident.
management is confident.
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