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...
This isn't the first time RWD has fallen foul of the listing...
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
| Last trade - 16.12pm 29/11/2024 (20 minute delay) ? |
| RWD (ASX) Chart |
Day chart unavailable
