Is the Board of RBM the problem or is it Gino or is it simply that the market is not pushing the shares up despite the company having good prospects. While there appears to be mostly employees or consultants on the Board (with only one chap as truly independent and he must be rather lonely) and despite mutterings from groundzero of a 'people's revolution', what could RBM have done better given their history and cash position and development needs of the copper project? Even if Gino were voted out the compensation cost is probably a fair chunk of cash. Real analysis of value needs to be discussed here rather than mere mob attitudes. Gino could no doubt do with suggestions and plaudits rather brickbats - much more constructive.
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- keeps getting sold down
RBM
redbank mines limited
keeps getting sold down, page-8
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