Ann: RCR Prospectus - Entitlement Offer, page-14

Bobtail, there is nothing positive, but in time, the $40mil - $48mil EBIT forecast for FY19 (if achieved) should deliver a SP in the very low $2.00s.

So those that are trapped need to work out whether to take a possible $1.30 SP upon resumption, or participate in the CR and then look to exit at say greater than $1.80+ in say 6-9 months time.

If we are really lucky it could resume at $1.80, then it would be a no contest, I would be dumping.

Look back in history of RCR and others, when they get smashed, they eventually recover, old blood bleeds out, new blood enters. RCR in Nov 2015 $2.40 before getting smacked down to $1.10s, bottoming in Feb 2016, then $4.40 in Oct 2017.

Not saying $4.00 is going to happen, just think $2.00 is achievable "if they deliver" whether you believe management or not, for current holders it is about damage control. Take the 50%+ hit, or wait for the dust to settle and take a 20% hit in a sometime in the first half of next year. Also predators would certainly be interested in this company on this cheap.

Also would not be surprised to see a new contract suddenly be announced, as this lot attempt to rebuild their shambled credibility.