If HotCopperers' look back at my RXP posts they will find that I have been very supportive of Management over the journey..... BUT it looks to me like, for the first time ever, they have come to the view that their $#!% does not stink and that they can please themselves what they tell shareholders! It would appear they have forgotten the lesson of the December 2014 Trading Update; and that lesson is the the Market will smash RXP for any indiscretion/misdemeanour! Those of us who owned shares at that time remember they crashed from 80 cents to 34 cents!!
It just looks to me that they could not be bothered putting in the effort to prepare a suitable communication and, in the absence of that effort, the market has assumed the worst!
RXP Price at posting:
79.0¢ Sentiment: Hold Disclosure: Held