RLE 0.00% 2.0¢ real energy corporation limited

I bought in on the first good news of gas finds , the price went...

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  1. 347 Posts.
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    I bought in on the first good news of gas finds , the price went to 42c from memory and after reading a broker report on its potential I bought some , not at 42c thou. Trouble was that the broker report was paid for by the company so you would expect a report written thru rose coloured glasses. Over the years not much happened as t1 took years to de water. All along SB is being paid 300k+ pa. I thought what could they be doing to justify this sort of income when not much happens. Upon further reading I learnt that SB and Dang Nguyen were also running IOT so I started to read about them on HC.They ran this company till about 8/17.(on large salaries I might add) What a joke IOT was and still is just a way of lining the pockets of the top brass at the expense of SH. Since then I have been very wary of management and still have little respect for them. I am still in this hoping to recoup some of my losses and this is just another example of what management think of retail SH. Glad I offloaded my OAs when they were issued as trust is something I don't have of management. It will be a bloodbath on Friday I think. IMO


     

 
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