If RSL don't announce an Acquistion with the next 7 days I believe the current market Cap of 6 million is going to make it harder for them to put a deal together.
The higher the market cap, the less attractive for others to merge with them...
It seems that the market has over reacted to the recent request for a name change in the recent announcement.
Of course they want to change names....
They are no longer a Resource company...
They are a company looking for a new product...
Just my thoughts...
Hope I'm wrong and everyone makes a packet,
But we will know within a week...
Rsl is overpriced!
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