Nosetradamus called the Share Price being at these 12 month lows...

Nosetradamus called the Share Price being at these 12 month lows 7+ months ago.

1.7 cents is lower than predicted - yet it has been very foreseeable to the lay man. I fail to comprehend how the Board aligned posters in this thread continue to promote RIM while shareholders are experiencing exponential losses. I hope that they are not doing so on HC to simply promote their own agenda and selling down their holdings.

I see Billis has jumped ship. If he has lost interest there is no-one else. RIM is due in Arbitration in a few weeks - the floor will fall out from beneath them if they do not succeed. GPR would likely pursue damages and significant legal costs.

RIM has no shine. Yet I see the Directors, McCubbing and Knox, issuing themselves with millions of shares with free attaching options (6M and 2M respectively). How in God's name is this justified?

This routing is all to familiar across the ASX by, what I see as, under-performing Director's. Perception is reality and ASIC need to delve deeper in such transactions to maintain shareholder and market confidence.