RR has indeed been a little creative in selling a 5 bagger during his tenure at BDC. This is basic info I have found through a very basic search.
28/2/19 CR at $0.04 per share raising $11.3m
24/3/19 Appointment of RR as CEO
20/9/19 CR at $0.10 raising $15m
8/7/20. CR at $0.078 raising $24m
6/12/21 A 6:1 share consolidation occurred
In summary those holding shares at RR’s appointment 2 bagged their investment. Those who acquired shares or participated in the final two CRs did not make money.
RR intimating that BDC 5 bagged during his tenure is misleading.
Conclusion: I have been misled and will log onto Computershare and reverse my Yes vote for his Performances Rights.
I welcome feedback if my above simple analysis is incorrect.
- Forums
- ASX - By Stock
- Ann: Commencement of Drilling at the Youanmi Gold Project
RR has indeed been a little creative in selling a 5 bagger...
-
- There are more pages in this discussion • 16 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add RXL (ASX) to my watchlist
(20min delay)
|
|||||
Last
12.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $51.32M |
Open | High | Low | Value | Volume |
13.0¢ | 13.3¢ | 12.5¢ | $162.7K | 1.252M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 265704 | 12.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
13.0¢ | 292348 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 254104 | 0.125 |
8 | 191027 | 0.120 |
3 | 158750 | 0.115 |
3 | 28189 | 0.110 |
6 | 162356 | 0.105 |
Price($) | Vol. | No. |
---|---|---|
0.130 | 250000 | 1 |
0.135 | 335386 | 4 |
0.140 | 328044 | 8 |
0.145 | 479895 | 6 |
0.150 | 244411 | 5 |
Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
Featured News
RXL (ASX) Chart |