The market is very risk averse at present - we are not in a raging bull market.
As for management not keeping you updated This is what we get each year.
In order of importance: Reserve Report Annual Report Half Yr Report AGM Quarterly x 4 Well updates x 20 Investor presentation X3
Compare this to some Industrials where you only hear from twice a year.
It seems most people are worried because the price is down and they fear "they market knows more than me, what does it know" The market is ignorant and is a giant weighing machine. RFE was 20c then 1.50 and now 50c. Who is right? All ORDS was 6800 then 3100 then 5000. Face it. The market gets it wrong all the time.
Heck, I'm just as frustrated with the price as you all are, but I wouldn't be selling this close to reserves.
RFE Price at posting:
50.0¢ Sentiment: LT Buy Disclosure: Held
