So the root cause was they invested heavily in the uneconomic solar sector which is not governed by market forces, but instead forced and propped up by marxist globalists and ideologue bureaucrats? There's a lesson there.
Given Shortens speech this week we will be seeing many, many more failures like this in coming years as reality bites.. A casual observer might think that globalists were deliberately trying to engineer a massive global inflation event to deal with growing government debt..... but what if they blow up all private industry in the process and cause catastrophic deflation of privately held assets? An economy cannot all be built on high house prices can it?!
But not to worry. See the ABC report this week of a plan for 'a government funded job for all'.
Who needs private industry when corrupt/marxist governments can loot taxpayers and blow cash and ramp up debt big time on white elephant programs that enrich a few?
- Forums
- ASX - By Stock
- Ann: Appointment of Administrators
RCR
rincon resources limited
Add to My Watchlist
0.00%
!
1.2¢

So the root cause was they invested heavily in the uneconomic...
Featured News
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
|
|||||
Last
1.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.510M |
Open | High | Low | Value | Volume |
1.2¢ | 1.3¢ | 1.2¢ | $27.06K | 2.119M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 190656 | 1.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.3¢ | 773515 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 190656 | 0.012 |
9 | 3154325 | 0.011 |
5 | 1722323 | 0.010 |
5 | 1513333 | 0.009 |
3 | 480000 | 0.008 |
Price($) | Vol. | No. |
---|---|---|
0.013 | 773515 | 2 |
0.014 | 1362816 | 6 |
0.016 | 276029 | 2 |
0.019 | 35117 | 1 |
0.020 | 241675 | 2 |
Last trade - 16.10pm 26/06/2025 (20 minute delay) ? |
Featured News
RCR (ASX) Chart |
The Watchlist
PTX
PRESCIENT THERAPEUTICS LIMITED
James McDonnell, CEO
James McDonnell
CEO
Previous Video
Next Video
SPONSORED BY The Market Online