Hey Garn, I was only going to take a small portion of the 12c sell offer, but the trade was blocked. Turned out ok because I got them at 11c instead.
I've vowed to put these in the bottom drawer and consider the money a write off. That way I won't be disappointed if the SP drops (which I'm assuming it will given my track record with RES). For me this is now Day 1.
Who knows, in a few years time I might have made some of my losses back.
On a brighter note, I read that RBCT prices have risen 9% since the start of May to $67 tonne.
http://in.reuters.com/article/2015/05/06/markets-coal-physical-idINL4N0XX2IV20150506
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Hey Garn, I was only going to take a small portion of the 12c...
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