FA will always win out, but it doesn't mean the SP cannot fall or rise based on sentiment, rather than fact.
Only need to look at Gold Stocks, 10 days you could have bought any Gold Stock and now be sitting on 25%+ return. Yet POG is lower than what is was at the start of the month.
The unknowns make for really good price swings. As for RGS I would love to know more detail on what the hurdles are to achieve the milestone payments. Everyone's focus is on the upfront US$5.5mil, which in the scheme is chicken droppings for AGC (MC AUD$11bil). It is an extremely cheap call option on their part.
RGS Price at posting:
17.0¢ Sentiment: Hold Disclosure: Held
