RRP 0.00% 8.5¢ realm resources limited

Ann: Target's Statement, page-43

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  1. 287 Posts.
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    Um you do realise how much of this company is owned by them don't you? You surely see that the 100% profit on the few shares out there pale in comparison to the bulk of their holding so IMO it's irrelevant. I get you're trying to talk a few retail investors out of selling whatever meagre holdings they have but good luck with that line of argument. I lost all interest in fighting 'the man' when I read earlier about a listed company (can't remember their name) but they basically lost shareholders hundreds of millions and they were fined $140k or something similar. Now seriously if that's the sort of 'stick' ASIC/ASX have to keep companies like RRP inline then why even try. Now I'm saying this from a perspective of doubling my meagre investment and happy to move on with other more reputable companies. If you're one of the poor souls in the hurt locker having bought in at 9c+ in the old scale, with considerable holdings I fully understand you'll fight tooth and nail to get fair value. I wish those ladies and gents all the best.
 
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Currently unlisted public company.

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