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.
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Commodore,Thanks for your advise re this one not being for T+3...
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