RES 0.00% $4.61 resource generation limited

placement, page-9

  1. 1,352 Posts.
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    Hi all,

    Glad to see most of you agree with my sentiment (previous post). I've also been holding RES for about 4 years now & have also missed many other opportunities, I could have been in & out of others several times over this time however instead I've continued buying RES over this time (particulary at the rights issue at 40c) and managed to average down & increase my holding.

    I'll be interested to read more about the SPP. The details havent been released yet but i'm hoping to secure another $10k but I'm wondering how big the SPP is going to be, because it says you can subscribe UP TO $15k but if the demand is huge (like the placement was) our allocation may get scaled back in which case it may be worth subscribing to the whole $15k.

    I guess we'll know more soon.

    Thoughts?
 
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