Its always been surprising that RGS is not bought up. Its a good story.. but the skepticism continues. Regarding 'spec' buying the directors have significant options.. and they would not acquire. As for us believers we already have stock! Everyone else is skeptical..
The selling of stock has always happened with RGS as it would be part of a portfolio related to the market overall and quite possibly leverage related. Leverage does need topping up when markets are flat.. or when capital is required for other opportunities. My point is it might not be a lack of confidence in the stock or news. Anyway .. I agree acquisitions would be more comforting at this point!!
RGS Price at posting:
11.0¢ Sentiment: Buy Disclosure: Held
