Well that's what it looks like because I note from Yesterday's Announcement of the A.G.M. and details that the Directors are to receive in the main 2,000,000 parcels of Shares at 1.5 Cents instead of Cash. Yeah that's confidence all right, however Shareholders have been treated like S---.
Now I wonder who the 'Broker or 'Brokers are involved are because they should be suspended by the A.S.X., if pushdown activity was the case.
It is also worth noting that Crawley Investments are now up to 13.4% of RBM and if they are the interested party for the planned after A.G.M. Issue of 120,000,000 they would come close to holding 50% of RBM. Crawley Investments look very interested because they purchased 1,978,283 on the Market over the 13th,16th, and 17th, of Oct before taking up their 12,500,000 Placement at 1.5 Cents on the 20th of Oct. .
Gino and Susan etc. need to be 'burning the midnight oil' to get this Share price up to its rightful level before that 120,000,000 Shares is handed out.
120,000,000 at 12 Cents = $14,400,000 and would go a long way to funding the Oxides Stage and we have seen from the MON Announcements that Crawley Investments seem to have in excess of those Funds.
No responsibility taken for any losses in association with this Posting.
An angry,
moly
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redbank mines limited
were shares were pushed down to suit issues
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