This isn't the first time RWD has fallen foul of the listing rules and ASIC - refer to their ASX announcement on 10/12/13 where they responded to ASX that "the company is aware of information that could be an explanation for recent trading..."
First some addendums, followed by a change of directors interest with 1.8M shares traded on market, and then an ASX query.
The company has a loan to a director and possibly is in a negative cash position by now.
The AGM is in a matter of days which includes a spill motion.
It has flagged the need for +$400 million, has a market cap of less than $30 million and practically no cash.
Good luck to all holders but it looks like the sorry tale of Lake Disappointment is set to continue...
Ann: Response to ASX Aware Query, page-3
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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
| Last trade - 16.12pm 29/11/2024 (20 minute delay) ? |
| RWD (ASX) Chart |
Day chart unavailable
