IF i was a shareholder, i would feel completely shafted.
Admittedly, a few years ago, i was into RAU and profited from it significantly; albeit, just pure luck. Spoke even to JK etc and i was on the RAU train. But something was amiss a long time ago. Although tempted to buy back in as the knife was falling, i held back as i felt the company was just playing darts and kept landing outside the boundary.
Why do i bother then do you ask? Purely out of interest that i bothered to read a trading halt ann by RAU and saw this. I could see RAU sinking but never to this levels.
Humbly speaking, i could have myself lost a crapload on RAU if not for sheer intuition. No charts or fundamentals or whatever could have predicted this.
BIG Price at posting:
0.8¢ Sentiment: Sell Disclosure: Held