big boys dont cry, page-4

Commodore,

Thanks for your advise re this one not being for T+3 traders. Saved me a lot of potential pain today. I was tempted but remembered the falling knives situation that cost me with RAMS a few weeks back.

This is a terrible deal for shareholders with no new revenue after Nov, the brand sold and the network gone.

RHG will be just a shell with declining profits and it can't even market under the RAMS brand or write new business.

Can't beleive the directors are that desperate and endorsed such a win/lose deal.

What % of stock do the directors hold ? Surely this would get voted down if they don't hold the numbers.