This is a perfect example of how to manipulate share prices on ASX
A shareholder spend $ 10,000 over a short period and increase the price from
0.005 to 0.013 increasing market cap.from under 1 mill.to 2.43 mill.
Now,who can benefit from this?? Daytraders or big shareholders ??
I'll leave it to Hot Copper readers to judge.
To the monetary situation:
Without a cash R&D rebate,RDS will have to end its life as a listed company end june 2015.
It is debatable whether an infusion will do any good to this company,other than secure management salaries for another 6 mths.Fixed cost + exploration commitments will last
apprx.6 mths. and then what? Don't forget the commision to be paid on R & D=7- 10 %.
RDS have done nothing since mid 2014 apart from evaluation of samples already taken earlier. I say it again-close this company to prevent the bankrupt brothers to take further advantage of this situation.RDS management are apparently not willing to take any action to rectify this.
- Forums
- ASX - By Stock
- RDS
- Oh Lordy Lordy Redstone is alive.......
Oh Lordy Lordy Redstone is alive......., page-4
-
- There are more pages in this discussion • 8 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add RDS (ASX) to my watchlist
|
|||||
Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.702M |
Open | High | Low | Value | Volume |
0.4¢ | 0.4¢ | 0.4¢ | $4.208K | 1.052M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
19 | 64307685 | 0.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.4¢ | 802052 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
19 | 64307685 | 0.003 |
15 | 14955024 | 0.002 |
11 | 17200000 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.004 | 802052 | 1 |
0.005 | 10374266 | 7 |
0.006 | 3111099 | 6 |
0.007 | 625230 | 2 |
0.008 | 621100 | 2 |
Last trade - 15.31pm 27/06/2024 (20 minute delay) ? |
Featured News
RDS (ASX) Chart |