RGX 0.00% 5.3¢ red gum resources limited

Ann: Top 20 shareholders following loan conversion, page-12

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  1. 211 Posts.
    lightbulb Created with Sketch. 32
    They burnt through the money pretty quickly.....were did it go? Surely they would have been a bit more prudent with the cash, but hell it was free money so why not spend it.

    What got me apart from the cash burn, was they went back on the stock market with consolidated shares and no direction. The stock price didn't stand a chance.
 
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