Who really knows River.
Looking at the annual report the following stand out:
1) far too many executives
2) executives that draw a salary and various consultancy fees via their own personal companies
3) inadequate cash flow to meet future liabilities
4) lack of cornerstone investors ( prob because of above )
5) high-cost AIM listing without any apparent benefit
As a result, we now have complete loss of confidence by Australian shareholder base in the business and it's management.
Gefi
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