PeopleI know we all here are discussing this stockand it seems...

People

I know we all here are discussing this stock
and it seems like the body of opinion is that
the risk to benefit is favourable


In any case

it seems as though Babcock and Brown
have made an assessment of this company
and come to the conclusion that it is risk/benefit favourable as well

I would think that this will lead to a moderate upward movement in the share price


The AFR on the weekend said that Babcock and Brown along with SG Hiscock would be requesting a new RE.

I would think that a new RE would also be a favourable thing for the share price.

I guess with a recently upwardly moving share price of some 50% (ie 12c to 17c), then there will not be margin forced sellers.

Having said that, I think there are still quite some sellers in the market yet to come out.

In any case, I would not be surprised if REU goes over 20c in monday trading and ends up closing close to 20c

ij