eighteen cent bargain, page-8

i like the fact that 12% of company is held by directors, and 44% is held by top 20.

this is not a day traders stock... there is not enough volume to get in and out of...

which means upside potential is greater as the stock can move faster...

there is also more downside risk if stock breaks support levels.

ROY seems to me to be fairly priced.

If the resource upgrade comes and is positive then i think a re-rating will be in order.

untill then we wait...

17 cents seems to be long term support this stock