The drop in the share price from 55 cents to 42 cents in the...

The drop in the share price from 55 cents to 42 cents in the last few days since the announcement should be a wake up call to David and management to show a bit more respect to small shareholders and to put a bit more effort in returning phone calls and responding to emails on a timely basis to avoid unecessary panic.

RFE is a very thinly traded stock and all it takes is a few disgruntled and panicky small shareholders to push the share price down quite significantly. If management do not take any steps to reassure these smaller shareholders (who have been kept in the dark), their cumalative selling could trigger stop losses which would then result in the share price tumbling even further.

I'm sure that some of the larger shareholders are quite heavily geared as well. So if the share price tumbles enough, it may even result in a margin call for these substantial shareholders. If they are forced to sell as well, all hell will break loose.

So it really is in the best interest of the major shareholders to put more pressure on David to improve his investor relations skills to avoid this doomsday scenario from ever occurring.

IMO, it should have been David Prentice returning Wobblyboots phone call to clarify the situation and have him pass on the message to the rest of us rather than 3 separate major shareholders doing the job for him. I'm sure investor relations is in his job description and that's why we're paying him so much money for.

Individually, our holdings may be small compared to the Top 20, but collectively, we can potentially do a lot of damage if management don't manage the situation carefully.