Well, we know there's a seller willing to dispose of at least 2 million in the 8's so unless a very enthusiastic buyer steps in, I don't see the SP going anywhere for the time being.
I had a very interesting discussion with @Birchcorp yesterday about many things, but in particular his theories on the recent trading activity in RES and the bot driven market manipulation of the buy/sell spread.
As an aside, I'd like to thank @Birchcorp for his open and honest disclosure. Mate, you're far more knowledgeable than I could ever hope to be and will be an asset to the RES forum going forward.
RES Price at posting:
8.2¢ Sentiment: Hold Disclosure: Held