Hi Aneeso, Its unloved dog for good reason: Numerous Capital...

Hi Aneeso,

Its unloved dog for good reason:

Numerous Capital raisings which generated millions (to no end), diluting the shareholders value.
The directors employed a So called business turnaround expert last year (he quit after a few months). Really gives you confidence in the management when they have to do this.
They have one asset the so called Tollu Mine, generating Zero.
Check out who owns the shares, mostly small punters who have the shares in a Super Fund and who have lost most of their Money.
No major investors.
You can tell a lot about the professionalism and the dedication and commitment to the company by the directors by small details too, just check out the website of Redstone Resources, misleading and way out of date information, just pathetic really.

So hope this answers why its a dog

I wouldn`t touch this company with a Barge Pole

You have been warned

Cheers
H