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Re: RDR - Reed Resources


It seems like this stock is being re-rated by the market without ann. Very strong break through $1 to $1.11 in a bearish market these past two days.


The action on this sp would seem to indicate that either a very big ann is coming or someone is accumulating for a takeover play. It is a wonder there has not been a speeding ticket from ASX


Updated graph provided. Boy it looks good to me..



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