Very interesting top 20, page-9

It is becoming quite a norm for a resource shell to make heaps on acquisition... the cycle for metals is well and truly alive...

Also the fear of suspension and money being stuck for few months making it very hard for ST investors to take a punt... which is making these shells trade at a very reasonable value... In fact making most of these shells look very cheap... I mean I have been trying to avoid shells but I keep end up buying them lol

For example, RGU with its tiny market cap and 82% register owned by top 20... and large investment by management and a sub holder makes it such a compelling value... I mean supply is going to be seriously short here...

On another note, if they end up acquiring a decent resource it will be really good for holders...

As said earlier, this register is the best I have seen in ages... it seems like all of the stock is owned by well knitted investors...

Cheers