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no love for pj, page-23

  1. goggledog
    7,054 Posts.
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    08/12/09
    14:17
    Post #: 6017423
    There is no evidence of any significant sellers. There is probably a lot of shares out there picked up by private investors during the rights issue that are being sold for minor profits.

    There are no known reasons why the price is dropping other than the fact that production is some time away. But as RES have openly stated many times over this is a LONG TERM PLAY and there are many hurdles to jump yet.
    RES Price at posting: 41.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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