Simple question is why have RWD performed so terribly given what they have? And why have you lost so much money on it while others have backed the winners? Simple question because you seem to think you are the expert and have complete knowledge on the workings of all SOP projects in the country. What I can’t really grasp is if you are the smartest guy in the room and everyone else are fools, why is it that others are profiting? I know it upsets you but seriously, what makes you think you have the answers. I’m not a chemist, however, the investors I know who jumped out of RWD 12-18 months ago and moved into AMN have very successful backgrounds in resources and engineering. They don’t follow brokers’ opinions. They fly out visit each project and speak to the people that matter. How many times have you visited LD? Who are you speaking to on the ground?
I bet they know a lot more than you do. They have already shown that. So rather than roll out the same lines over and over, be a little more objective and question what the real problems are with RWD. On a relative basis, I think with such a small market cap, it’s probably better value than AMN today, hence why I have picked up some stock. But I think there are issues with RWD which is why they are floundering. I would have thought their share price would have been swept up with the growth in AMN and KLL, however, it seems they are not on anyone’s radar and there must be a reason for that.
RWD Price at posting:
23.0¢ Sentiment: None Disclosure: Held
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