RVR 0.00% 7.3¢ red river resources limited

yes that is a retail shareholder myth most mgt teams have very...

  1. 9,811 Posts.
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    yes that is a retail shareholder myth

    most mgt teams have very little influence on share prices excepting delivery against plan.

    there are rare cases where exceptional ceos and investor relations experts can have a material effect over time - but they are exceptionally rare people

    and even they cant stop a major macro issue that affects all stocks - all they can do is blunt the impact
    somewhat

    market was disappointed by the previous pullback on zinc and now is more hesitant about whether a zinc bull market will emerge because of that + china 'mystery inventory/hard to predict steel market'

    to put it in perspective Teck was $25 and now its $17 or so late last week - even the world's biggest listed zinc producers have seen similar pullbacks to what RVR has seen
 
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Currently unlisted public company.

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