RWD

0.00%

7.0¢ reward minerals ltd

Ann: Quarterly Activities Report for period ended 30 June 2017, page-9

First 9 Last

Share
Profile

Follow
Datal

405 Posts.

12

30/07/17

10:52

Post #: 26165043
Share

Originally posted by pagarsi ↑

While I love and very much appreciate the analysis and explanations in this thread from the loyal long time followers, it is also an indication that the quarterly was another technical document written for the cognoscenti and had very little in it for the lay punter. it gave little or no indication of where we are at, what to look forward to, good times ahead. It had nothing about corporate stuff such as future partners, off-take agreements etc. The proof of this is that a document that should have been working hard to shore up the dismal sp saw the sp fall even further on the day.
Many of us have been loyal shareholders for many years and yet most of us are well under water at this time. This at a time when all rivals, who started well after us, are worth much more than we. The quarterly was yet another example of how RWD has no idea how to present itself to the market.
Apologists for poor management, can talk about the future and patience but how long is enough? For me six years and they are worth less than half of what I paid for them and I don't see anyone taking responsibility for our poor showing. The sp of are rivals takes away the argument 'it's the market'. At the very least, when we finally get a new CEO (over 2 months and counting with no explanation as to why the last one left and who was responsible for that recruiting debacle) the Chairman should resign in shame.
To answer the inevitable question of 'why am I still holding? Yeah, more fool me. The simple answer is the sp is so low there is no point and if I did unload it could take the sp below 10 cents.

Expand

Agree Pagarsi, the Chairman (as a minimum) must go. I made the same call in my post back on the 01 May....

https://hotcopper.com.au/threads/an...3389718/page-11?post_id=24386313#.WX0sR7BPoy8

For the sake of the project, a flush of fresh blood would be a massive boost and show that the Board of Directors actually aren't asleep at the wheel!

RWD Price at posting: 18.0¢ Sentiment: Hold Disclosure: Not Held
2 Upvote

0 Great analysis

Reply

Top Stories

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

ACW

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

RSG

Resolute shares bounce back as second payment made to Mali government to secure workers' release

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

Dale Gillham's weekly wrap: Bold moves in NZ, caution in Australia

Week 48 Wrap: ASX flirts with 8,500pts; APRA declines mortgage loan easing; Trump's Bessent tied to Dem donor

Ice-cold winner: Cryopreserver Vitrafy escapes November's IPO struggles to end debut week higher

HotCopper Highlights: Your most watched stocks for Week 48, 2024

ADD

Parkes Au-Cu project to 'transform' Adavale Resources with key targets

There are more pages in this discussion • 24 more messages in this thread...

First 9 Last

Add RWD (ASX) to my watchlist

(20min delay)
Last 7.0¢		Change 0.000(0.00%)		Mkt cap ! $9.114M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Buyers (Bids)

No.	Vol.	Price($)
3	240000	7.1¢

Sellers (Offers)

Price($)	Vol.	No.
7.7¢	20000	1

View Market Depth

No.	Vol.	Price($)
2	189708	0.100
1	10000	0.080
0	0	0.000
0	0	0.000
0	0	0.000

Price($)	Vol.	No.
0.105	24000	1
0.110	8500	2
0.115	10000	1
0.120	32686	2
0.130	96000	3

Last trade - 16.12pm 29/11/2024 (20 minute delay)

RWD (ASX) Chart

Day chart unavailable

Ann: Quarterly Activities Report for period ended 30 June 2017, page-9

Top Stories

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

Resolute shares bounce back as second payment made to Mali government to secure workers' release

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

Dale Gillham's weekly wrap: Bold moves in NZ, caution in Australia

Week 48 Wrap: ASX flirts with 8,500pts; APRA declines mortgage loan easing; Trump's Bessent tied to Dem donor

Ice-cold winner: Cryopreserver Vitrafy escapes November's IPO struggles to end debut week higher

HotCopper Highlights: Your most watched stocks for Week 48, 2024

Parkes Au-Cu project to 'transform' Adavale Resources with key targets

Buyers (Bids)

Sellers (Offers)