Grave-digging my own post to sigh about how poorly this one aged...
8.5c ! Despite the consolidation, we've crashed through that 10c barrier anyway - in the wrong direction!
I've also been thinking of percentages recently. For simplicity, assume the value of the company is 25M. Now think about the CEO's salary: he's taking 2% of the company in just a year, plus shares and any other incentive bonuses, then doing it all over again the next year. Add up the rest of the executive remuneration and I'm feeling a bit like we are being taken for a ride recently.
I've made my decisions at the time (maybe a little rose tint involved too) and participated in many of the CRs (not the latest), but with nice clear hindsight now, I may have been somewhat foolish.
What's next from 8.5c? Another consolidation? Or is someone finally going to start making and delivering high volumes of batteries?
RFX Price at posting:
8.5¢ Sentiment: Hold Disclosure: Held
