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0.00% $4.61 resource generation limited

I know I sound like a broken record, but out of the rights...

  1. redgsr
    494 Posts.
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    14/08/09
    15:17
    Post #: 5510276
    I know I sound like a broken record, but out of the rights issue, 40m shares were underwritten & went to Instos & management. That leaves 30m brand new shares out in the wild at a 50% premium. That's not bad for a few weeks work and it would be naive to think that they won't change hands for a while.
    RES Price at posting: 60.0¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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