Aussiepunter,
When I called I was only on the phone for about 10min. I was put straight through to the man himself.
I just asked him about the consolidation and voiced my opinion that they are generally crap for shareholders with my previous experience with them anyway.
He said firstly that it is something that is needed to be done to tighten up the registry and they would probably be asked by the ASX to do one sooner or later anyway.
Secondly he noted that he has stumped up around $2mill of his own cash to buy stock at an average price of 18c. Now I guess that's a pretty good indicator that he's pretty serious as he doesn't want to throw away his own mullah.
Any updates on the company will be released to the market when it becomes available he said. No timeframes were discussed.
At no time in the conversation was he not willing to talk about any points of concern and said he is always willing to chat to any shareholder who have any queries. I recommend anyone on here to give him a buzz and then to post it here haha. I got the impression that HC isn't his favourite website though because we bag the shizen out on the directors we the sp goes to crap in this bear market.
Anyway I'm well and truly married to RES now, it is my ticket to freedom, it's just going to take time to put all the pieces of the puzzle together.
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