RXH 0.00% 2.9¢ rewardle holdings limited

Ann: UPDATE ON TRADING SUSPENSION, page-7

  1. 80 Posts.
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    Justin2 this is another company that I’m familiar with that had an extended suspension after a pre settlement bounce. Similarly the board also provided an unacceptable level of correspondence during the suspension period. The dramatic decline in price within the last month is well and truly WOA specific however the circa 50% decline in price on relisting is a clear indication from shareholders that if you’re unable to keep shareholders adequately informed whilst holding their investment to ransom that it is unlikely that they’ll be willing to hang around for the next chapter.

    Unless these guys have the mother of all announcements to accompany the relisting I can’t see any scenario where our share price isn’t going to suffer a similar fate.
 
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