Yesterday's announcement of high grades gold was basically "visible high grades gold" - at the time of drillings, this important event should have been immediately reported to the public before sending to the lab for assay results - just like SBL recently. This resulted the dumping of shares, or profit takings !!!
The fact mgmt did not do so - again they have utilised this privileged info perharps to do favourable tradings !!!
As I said before, ASX should investigate this issue - due to conflict of interest for revenue reason - ASX is not interested and does not care ! ASX's regulating power should be stripped off ASAP !
Investors are now left to protect themselves !!!
AoA
RNG Price at posting:
4.5¢ Sentiment: None Disclosure: Held