Today marks 12 months to the day since RRP shares have been suspended from trading on the ASX.
This was the day 99.96% of shareholders (including Taurus) voted in favour of completing a capital raising.
A vote which Gordon Galt has failed to deliver on.
We all know who we can thank for the ongoing suspension! In fact, he is probably celebrating today given the share price has been kept down to help T2 in their attempts to take the shares over at a price which reflects a fraction of their true worth.
It's around 97 weeks since Gordon Galt became Chairman of RRP.
RRP shares have traded for about 6 of those weeks (with 4 of those thanks to an ASX waiver).
No other Chairman could claim such a record I reckon.
Happy anniversary!!
RRP Price at posting:
8.5¢ Sentiment: Buy Disclosure: Held
