So let me get this right @viney402
You say you had a conversation with RT after the conversion of the RCPS and he was saying he thought the shares were worth close to 30 cps.
If he believes the shares are worth close to 30 cps did you ask him how they justified converting redeemable shares to themselves and their investment mates for 2.2cps when they had the funds and/or rights to redeem the shares.......or could it be the answer is pretty obvious.
Seriously, if what you are saying is true, and RT believed the shares are worth 30 cps after the RCPS conversion I can see why poeple have a huge issue with the conversion.
Remember this management also turned down an alternative funding offer the details of which they have not openly disclosed.
Ann: Investor Presentation FY 2018 Results, page-35
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