I watched quite closely after the capital raise. It was very unusual and ruthless. It was enough to scare weak holders away who had bought recently. Im ok with a free market but the activity was an attack on share holders equity simple as that.
ASIC are pretty useless in my opinion but time will tell. The downward pressure seems to have slowed down in recent weeks
RCE Price at posting:
$1.12 Sentiment: Buy Disclosure: Held
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