What an insipid performance this is. Management have knocked about 40 cents of this stock in a week without justification. What's worse is there is no explanation still as to why they needed an extra $15 million working capital and why $22 million in capital became $10 million in less than 3 months. There is a bit to be looked into I would think and management have a lot of explaining to do. The fact the market cannot trust them means this stock is doomed. This is a disgusting and pathetic performance. The AGM will be interesting this year, if red is not broke by then.
RED Price at posting:
$1.82 Sentiment: Sell Disclosure: Held