Share price recovered a fair slice of the loss yesterday.
The run up in the share price in the last month seems to be on very thin volume with directors buying small parcels. Maybe with the directors at the AGM they were not buying !
The AGM presentation was little different from the annual report so anybody expecting a positive surprise would have been disappointed.
Most of the presentations seem positive but maybe some investors were disappointed with the news that the first halt profit for 2014 will be lower due to the increased staffing costs etc to boost the sales division.
RNC Price at posting:
29.5¢ Sentiment: Hold Disclosure: Held