RDS 0.00% 0.4¢ redstone resources limited

Ann: Quarterly Activities and Cashflow Report , page-16

  1. 2,475 Posts.
    lightbulb Created with Sketch. 32
    if im not mistaken this stock was almost $2 and now its $0.055 and has $45k in the bank.

    does any of you see that there is something majorly wrong with that?

    if these guys running the show are so good and beleive in it so much why dont they take 75% of their salary in shares? better still wht are they paying themselves $200k plus when they havent acheived anything for shareholders?

    i will tell you why, because they love doing nothing more than sucking the life out of companies and trying to sell a story.

    if they do have a cap raising what price do you think they will do it at? $0.01?

    as for there being no volume, the punters still holding it are the same ones that dont care if it falls over. the only way for these guys to survive would be for them to sell a few tenements because no one will touch script, they want hard assets.

    so if any of you managers are reading this do your shareholders a favour and resign and stop sucking the company dry.
 
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