On one hand you have the inevitable consolidation and on the other you have the purchase of additional properties containing a larger resource.
Questions, questions.
Has the issue of shares to PJ and SM been factored into the current shares on issue or will we be flooded with additional shares AFTER the 10/1 consolidation? We will potentially go from 76 million to over 100 million further diluting our hard earned. Or, will the issue of 30 million to PJ be 10/1 split down to 3 million? Is it all about timing?
It would have been good to hit us with the land acquisition news after the consolidation IMO.
RES Price at posting:
55.0¢ Sentiment: Hold Disclosure: Held
