I agree that the buying & selling of relatively piddly amounts most likely has nothing to do with tax planning.
But equally, I don't think it is overtly aimed at misleading "the average punter" because the average punter hasn't even heard of RWD let alone it being on their radar & that tiny group of average punters who do hold RWD have demonstrated over a long period that they are rusted on.
Perhaps it is part of the longer game of anti-propaganda that ensures no external interest in RWD ie virtually no news emanating from the bunker & what is released always contains something that reinforces doubt in the project eg. sudden resignation of CEO after a couple of weeks in the job without any explanation given, continually missed deadlines, PFS that has a 5+ year timeline to production (combined with a long history of badly missed timelines), mention of JV/offtake/investor interest that results in nought, etc etc
With a cashed up 'white knight' again 'lending' funds to the company & in all likelihood the company soon to need more (because the market profile, having been completely poisoned by decades of inaction, has left no other source of funds) , when the time comes for a call on the loans & RWD unable to tap external funds, the debt can only be swapped for equity ...... & so much nicer (for the note holder) to have the swap done against the backdrop of a completely decimated share price ie 10 million shares for every $1m lent instead of 1 million shares for every $1m lent.
"the cleverest ruse of the Devil is to persuade you he does not exist!” Charles Baudelaire, 1864
- Forums
- ASX - By Stock
- RWD
- Ann: Change of Director's Interest Notice
Ann: Change of Director's Interest Notice, page-11
-
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add RWD (ASX) to my watchlist
(20min delay)
|
|||||
Last
7.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $9.114M |
Open | High | Low | Value | Volume |
7.7¢ | 7.7¢ | 7.1¢ | $34.43K | 481.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 624456 | 7.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
7.6¢ | 500 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
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 - 15.56pm 08/11/2024 (20 minute delay) ? |
RWD (ASX) Chart |