Can't quite break $0.50 yet but looks likely to me.
Despite continued sell down from PPT the price has now had 2 weeks above $0.40 with further good appreciation in the last week. There were a couple of 500k trades in PPT's most recent disclosure which got taken up by the market no questions asked (43c on 23/7 and 46c on 27/7)
They now have a $25m Debt Facility from Westpac which would indicate they are financially healthy.
I might finally get back in the black. As you say, all we need now are the right numbers from the delayed projects in H1.
RXP Price at posting:
49.0¢ Sentiment: Hold Disclosure: Held
