Week One:
Well the good news is RSL is still kicking and the support that RRR has provided has been incredible over the last 2 years. Unfortunately sometimes even the best laid plans experience hiccups.
It was always expected to see a sell off after 20 months or so and we are seeing this happen. They will sell regardless of any potentially good news that is expected. which is fine.
I think we need to see a Churn of about 6-10m shares under 20c before we see SP head north as the Keen sellers dry up...imo
Is RSL in a Much Better Position Asset Wise that it was 20 months ago? I think so anyway....
Im very interested to see more info on Specimen Reef in Tasmania...sounds exciting.
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