RFT 12.5% 0.9¢ rectifier technologies ltd

Ann: Directors Fee Forgiveness and Management Share Offer, page-2

  1. 4,737 Posts.
    lightbulb Created with Sketch. 331
    Well I don't think anyone saw that coming.

    The only announcement we have had forever, and I'm really not sure what to make of it.....other than the directors must be fairly confident on the share price, by in effect giving up money owed and then contributing to the coffers by buying shares.

    Having said that, 0.04c is extremely cheap compared even to the current share price....40% discount??

    PR is something this company is definitely not good at, especially when it com s to shareholders.

    Milesy
 
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