Thanks for the great reports guys....really appreciate your...

Thanks for the great reports guys....really appreciate your efforts here in attending and reporting back to us.

One of the things that has kept me in RAP, even though I took a bath in the crash and rebought lower after initially selling as I assume most have done, is the fact that the management have stood up and admitted fault in their processes and procedures. They overlooked some of the issues possibly through over-confidence or just because, sometimes you can be a bit too close to something and miss things.

The actions immediately after the crash, the investor con call and announcements showed me a really stand up and take ownership type of leadership. Warts and all.

If you look at some of the other catastrophic company implosions we have witnessed in the last year or so...ie SGH, XPE, IOT or ODN and others.....not one of those companies management stood up and said they were at fault or took ownership of the issues at hand that led to massive shareholder losses. Grech stayed clinging to his salary with SGH until the end, much to the disgust of many on HC. ODN trapped hundreds with a failed RTO that is still in suspension trapping holders and owing all to greed.

I think this speaks clearly as to the reason why the Top 20 has not changed and the insto's have stayed on-board....they believe in the company for a reason....I suspect this forms part of that.

Blaming management assumes they are taking risks and losing because of it....I don't believe that. I believe they under estimated some circumstances and paid the price. That's not bad management....that's just bad luck.

The strengthening of the advisory board is also in play now and with the knowledge gained I believe that the trials will yield the results we need and expect.

I have already taken some winnings on LPD and put them into RAP...my holding is much smaller than before but its growing again....so if the price stays at this level for a while....I will be happy to top up a bit as finance allows.

Just imo and DYOR of course.