Shady you say big holders are holding on. There is clear...

Shady you say big holders are holding on. There is clear evidence that some of them have been selling regardless of their reasons (they picked RNI as the one to sell after all). Some big holders are perhaps simply holding on because there is not enough market depth for them to offload their shares. You see it on every good announcement when the buying picks up large chunks of shares are thrown at the market. Every placement so far has been a disaster for everyone involved. Especially the 4m raised at 1$ the placementees must feel pretty burnt by management IMO. Argonaut got stuck with underwritten shares twice no wonder they have been dumping on the market and don't want to be involved in placements again.

Some may be in for the thrill of the research i'm in to make money. Management needs to deliver. The exploration has been a disaster so far. Reporting atrocious. Is RNI going to deliver on the production? After all Fortnum cost 35 million when we acquired it.