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...
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This isn't the first time RWD has fallen foul of the listing...
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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 |