RNO 0.00% 4.0¢ rhinomed limited

Sophisticated Investors

  1. 4,863 Posts.
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    I had a stock many moons ago which eventually went under and the WA CEO had a spell in jail.

    Before its demise brokers appointed a new MD to check out what was going on. Within weeks the sp jumped which allowed ( one would assume) many of the brokers S Investors to exit at breakeven or thereabouts. By the way the new MD resigned within a few months later (but before the company went under) never to be heard of again on any ASX company.

    Wonder if this latest rally may be a repeat ..... allowing SI to exit?

    I guess time will tell if someone has been loading up or trades have allowed an exit.
    Last edited by Macleod22: 08/07/14
 
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Currently unlisted public company.

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