Just a short note to quarterly reports:
RDS management have no plans f.activities this quarter.
With lease commitments of $ 25,000/mth. and office/storage expenses of $ 10,000/mth.
there is no money to cover any activity after paying chairman/CEO and directors.
This is the situation since 1 july 2014 and fails to explain the lack of action against former
CEO,Mr A.Ailakis.
We have yet to see the amount, RDS will be fined f.missing POW's and the cost of fighting
the plaint served by a close friend to A.Ailakis.
With no positive announcements since april/may 2014-upgraded drill results-it is difficult to
see any future for RDS.
The only beneficiary right now,are the 2 persons, who ran RDS into the ground.
They are continually selling shares into a weak market to the disadvantage of all other shareholders.
And management reaction, NOTHING .
Close down this company to remove the financial benefit to the Ailakis brothers.
Just a short note to quarterly reports: RDS management have no...
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Last
0.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $4.627M | |||
| Open | High | Low | Value | Volume |
| 0.5¢ | 0.5¢ | 0.5¢ | $2.52K | 504.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 30375250 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 10374266 | 7 |
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| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| RDS (ASX) Chart |