I suspect it will be all very good news, you can anticipate this when you see the support during the past week. ROY SP has virtually stabilised through a a few bad trading days. Some astute buyers are picking up the ones that ROY holders are selling to finance their option purchase.
It would not surprise me to see a report very soon to boost the confidence of ROY holders.
Has anyone else heard that the Directors are heading to Sth Aust next week. Wonder why? You would not think they would flyover there to hear bad news.
MFE Price at posting:
24.5¢ Sentiment: Buy Disclosure: Held