Yeah not good to see it breakthrough the 10c support, but not unexpected given down trend. It really has fallen on quite low volume and who knows how low it could go in the absence of some decent news. On the up side, positive ann or even a decent article in one of those speculative stock picking publications would make the share price rocket. It would not surprise me to see some small cap pickers cotton onto RGS as there is a huge potential upside, fairly small number of shares on issue and quite low market cap given product and development pipeline. So many catalysts this year; I see a really quick bounce to the 18-20c mark, then gradual rise with positive results through this year.
RGS Price at posting:
8.8¢ Sentiment: Hold Disclosure: Held
