RVR 0.00% 7.3¢ red river resources limited

The company has delivered 130% over the year, but has delivered...

  1. 553 Posts.
    lightbulb Created with Sketch. 127
    The company has delivered 130% over the year, but has delivered effectively net 0% over the last 2-3 years. Some people have been holding this stock for a while and seen absolutely no returns. Management have been promising the world since 2014 but have consistently underdelivered, missed deadlines, and irresponsibly diluted shareholder equity. Not the best way to instill SH confidence. I'll even warrant to say that the last year of returns has been solely piggybacking off the back of the Zinc spot price, rather than any value added by the management team - which is a huge cause for concern.
 
watchlist Created with Sketch. Add RVR (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.