Sometimes a big loss is better than a massive loss...
I can understand why they sold out. The constant wages for management not seeing to be winning becomes a little tiresome. I have had enough rocks inspected to build a dam wall. Put the drills in the ground and the market will get excited. We have excellent ground, we just need to drill. All the usual spin doesn’t work anymore. The fact that ICG came out saying that RCF wanted out was due to the above I believe. For me, I still believe if the drills get to work, we will see a good future.
Management need to re-invent the way they do things and attract quality investors. I was attracted many years ago, but the shine on the prize has turned into a big dump on my front lawn. The old saying, if it smells like sheet, it probably is sheet. I haven’t seen a reduction in salaries to conserve cash, given management haven’t done anything for a few years. I’m deluded at how public companies can pay a CEO well for underperforming on every count.
Sometimes a change at the top can inspire investment, both retail and sophisticated.
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Last
0.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $4.066M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 3871494 | 0.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.6¢ | 2455709 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 1670552 | 0.005 |
10 | 10230544 | 0.004 |
9 | 3776780 | 0.003 |
3 | 3199980 | 0.002 |
3 | 4799950 | 0.001 |
Price($) | Vol. | No. |
---|---|---|
0.006 | 1541940 | 4 |
0.007 | 1198850 | 3 |
0.008 | 2450320 | 5 |
0.009 | 1033282 | 3 |
0.010 | 1000000 | 2 |
Last trade - 16.12pm 07/11/2024 (20 minute delay) ? |
ICG (ASX) Chart |
Day chart unavailable