RGX 0.00% 5.3¢ red gum resources limited

Ann: Capital Raising, page-16

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  1. 1,774 Posts.
    Now this takes the cake. Shareholder value already shattered and now they are raising at close to 50% discount to market price to further dilute shareholder's equity. And for what? It's not as if they're running a fuctioning business, it's basically just to allow themsleves to pay for their salaries while they sit around on their f** asses. Hell no, what do they take us for? They don't need any money to sit in a room and come up with a freaking way out of this disaster they've created, and certainly don't deserve to be paid a cent for it...... You can be rest assured that this thing won't trade the slightest bit over 3.5 cents when it re-opens after the new shares are issued and all your going to be stuck with is a big heap of worthless shares in a company where the only thingthats happening is directors getting paid with your money.
    Last edited by trythree: 09/04/15
 
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