After reading our MD's spiel on dilution and days later being advised of the
issuance of shares to Credit Suisse, had me questioning managements credibility.
On C/Suisse's quick flick of these shares I realised this was not an investment by
them, just a quick earn and our MD taking the opportunity to raise cash. This was
in 5/2017 now in 9/2017 he has done the same. In the last 12months there has been
more investor presentations than progress reports on RLE's attempt to become
a Gas Producer..........a point of interest.
I once wrote about patience on this thread now faith in management has cropped up.
Not having both I am out. GLTAH.
RLE Price at posting:
9.2¢ Sentiment: None Disclosure: Not Held
