Fishfinder, you may know the saying. "a boat is a hole in the water where one pours money into and still end up with the same size hole" Well, RCP has been the same! Mk may have saved the company by being involved but he is defiantly not saving the share holders from imploding in a hole. For the company to move forward down the track will be near on impossible. No "NEW" investor will put capital with this sort of game playing going. Management has to be trusted and show stability, the spp looks like desperation, take it out of this quarters cash flow and it paints a different picture) Too many investors have lost money in the last 18 month to be taking unnecessary risks. Could explain the recent capital raising via the share holders (which flopped) to keep the cash flow going. Unable to raise capital through other means.
RCP may fall in a heap if no capital funds for production if no further funds, no matter how large the reserves are.
Smart investors invest with sharp operators, Not "money manipulators"
by the way, if someone was shorting yesterday, it was not reported, yet.
http://www.asx.com.au/data/shortsell.txt
I am happy to take it on the chin if it can be shown I am wrong.
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