Raised Value, page-36

..and has kept bouncing ?



Since then up and (mostly) up .
Not unexpected magic call to ring in the changes there @Saragian
And yesterday a nice rise with an appealing rampant candlestick almost engulfing the “I’ll Just grab a few” from the day before and swallowing the pair of ‘ain’t nothing going on here’ stubs from the days before.

(OK so my three day candlestick charts may (do) have a 100% fail rate so far but the Dow was up again last night ....and it seems to me we have bounced off the lows here and the price will keep going up.)

Possibly under a dollar will look cheap next week ?
..and if I buy a few more it will lower my average to under $1.30 *sigh*

This company’s management has NOT done the right thing by its shareholders in any regard and last week chairman, Rod Brown got re elected with only 75% of votes.
Seeing as he didn’t get his raise it seems CFO, Andrew Phipps has, as of yesterday resigned

A bit from the report on the AGM by the Financial Review:
“Proxy group ISS had recommended shareholders vote in favour of the report, but had raised concerns over an 8 per cent increase in chief financial officer Andrew Phipps' fixed remuneration to $684,515.

ISS also questioned why former chief executive Paul Dalgleish's fixed remuneration of $1 million was almost 30 per cent higher than the median of RCR's ASX 201-225 peers.

Mr Dalgleish stepped down in early August after RCR went into a trading halt on July 30 and received a $1 million termination payment. RCR subsequently reported a $57 million write-down on two Queensland solar farm projects in late August and launched a $100 million capital raising at $1 per share.

https://www.copyright link/business...e-against-remuneration-report-20181030-h17as2

NB also this ...
...“Mr Brown said RCR would engage with shareholders to understand why so many had voted against the report, including whether the result also reflected "sentiment against" the company's recent financial and share price performance.”

What ?

Cheers