Over and out! Good luck to all23 Aug 2018 10:17
After holding RRR shares for a considerable number of years and seeing my holding drop from over 13% to under 2% and value drop by over 90% due to the constant “fund raising” and issuing of new shares; I have finally had enough and sold all my shares.
Let’s be honest - doesn’t matter how much money RRR receives it will always disappear paying "misc. expenses", directors salaries and investing in white elephants; sorry I meant Elephant Oil and various other ridiculous investments. I simply can’t understand how a business manages to plough through so much money with so little to show for it.
I am not bitter in any way - you win some and you lose some. From a positive perspective I bought heavily into JMS and that the investment is up around 250%.
Good luck too all remaining holders; but don’t ever see this ship being turned round.
Over and out!