What encourages me about RBL is the potential of this company and the way it is being run. If the founder/director had not sold a portion of his shares then the SP may be over $7 by now. People always get spooked when directors sell. however the SP recovered quickly. I've noticed that this stock is quite volatile also, Maybe it's slightly manipulated I don't know. The company saw the value of a dedicated CEO who will make good business decisions with less emotion and runs on the board from SEEK. Good amount of cash which is no doubt growing over the XMAS period. We have seen a pull back from $6 to under $4 and now to a record price. Q will the next Ann be good ...I think so.
RBL Price at posting:
$6.14 Sentiment: Buy Disclosure: Held
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