With the way RNI has been travelling and the way it continues to travel I'm reminded of Chubby Checker's song of way back 'Limbo Rock'.
All shareholders continue to be in limbo.
And as for the SP, with today's push-down, 'how low can you go?'
We have been seemingly on the cusp of having funding obtained for countless months now. Our hopes were heightened recently with the company news that on a pog of A$1620 the numbers had improved greatly. then the A$ pog briefly hit 1680 I think. "Getting very close now", I thought, but nuh, and still waiting. In the meantime, the pog A$ has gone down to A$1550, even lower at times.That makes me wonder if the chances of getting favourable funding have diminished.
In the dark!!!
In the meantime, the company exists on a 'hand-to-mouth' basis. CRs come and go. 10c does not get sustained. 7.5c does not get sustained either and now 6.8c has now breached. How low can it go? Where is the support?
How long can this agony go on?
I have reduced my sentiment as a result of these very uncertain times - from 'buy' to 'hold'. Never thought I would do that.
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