Consolidating for more than a week for from 0.400 to 0.48. Broke out seen today above the immediate resistance at 0.48. Now at 0.49. A break above the 0.500 psychological resistance can see it find a new high before consolidating, perhaps from 0.54 to 0.600. Top 10 volume seen currently. Announced On 4th Feb 2013 - “”Rowsley Ltd has signed sale and purchase agreements to acquire RSP Architects Planners & Engineers and a 9.23-hectare plot of land in Iskandar Malaysia for S$545m in total, in an all-share deal as part of a reverse takeover intended to transform Rowsley into a property player.””
Stop loss at 0.465.
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