They did the same thing with SYR and this needs to be reported to ASIC IMO. Just like SYR did !
Like I said back in the .21-.23¢ range. They buy up the share and dump it into the bids waiting. They continue to sell and the next day the new buyers are not willing to hang around so they sell into their waiting hands at about 3% lower share price. I call it manipulation because they use sub $500 trades and constantly dribble them out to keep it in the red. All of a sudden we think there is relief because there's a big buy ... Its not a big buy at all its them ! rinse, repeat !
The company should act on behalf of shareholders and report the behavior to the authorities as they are the only ones who would know who bought what and when.
Come on RVR TEAM you all just got a massive pay rise now that you're all looked after, how about you look after us shareholders.
RVR Price at posting:
27.5¢ Sentiment: Buy Disclosure: Held