Datal,
I think that we are not good in Australia at nuanced thinking. We tend to fall into the trap of concrete (or black and white) thinking. For or against, black hats, white hats, no room for middle ground. Disappointing because the reality is most of the world is a shade of grey. In our case, people are for the doc or against him, His supporters are very loyal and have blind faith, his detractors have no kind words for him at all.
Personally I think he has some excellent skills and desperately tries to support the sp by putting his hand in his own pocket. Running a company however is not one of those skills as well meaning as he tries to be.
The doc himself falls into the same trap of black and white thinking. In one of the few times I have spoken to him as a concerned shareholder I asked him why he doesn't keep the market better informed. He replied 'we are not going to be one of those companies that releases statements at the drop of a hat about nothing.' Apparently the only alternative to the way he does things now is the exact opposite, no middle ground.
A year ago he gave the reigns at Intermin to John Price. The sp has not improved much in recent months, dropping back from a brief high of 16 cents to 9 cents. However, a check of the Intermin thread will show you the support Price has amongst shareholders, he keeps them informed and there is a general belief that 'things are happening.' Not the same amongst Reward holders.
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Last
7.0¢ |
Change
-0.010(12.5%) |
Mkt cap ! $9.114M |
Open | High | Low | Value | Volume |
7.5¢ | 7.5¢ | 7.0¢ | $33.60K | 474.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 216107 | 7.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
7.8¢ | 188250 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
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 - 14.43pm 27/11/2024 (20 minute delay) ? |
RWD (ASX) Chart |