RDF redflex holdings limited

jerm,It may well hit resistance at $3.00, but it will hit it...

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    jerm,

    It may well hit resistance at $3.00, but it will hit it IMO, as Paul called probably 2morrow.

    I dont know what your chart said today, but I very much doubt the resistance is going to send it back down to $2.74 that it opened today, certainly not the $2.20 it hit a few weeks ago.

    As more and more funds try and get some/more RDF it just keeps drying up further. Not a lot of script here and there will not be many funds who dont want exposure to RDF. Wait the market caps grows enough to be rated higher on the indexes, RDF shares will be rare as. Thus my sugestion earlier re a split, now that would be nice.

    I am still sticking my neck out on my call earlier, $3.50 by the end of the year easy.

    P.S I dont care if it doesnt make it, I have decided to hold longer than for 12 months as I initially stated.
 
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