RE: Rockhopper SP22 Nov 2023 11:16
For SP weakness read BoD weakness.
Matter of opinion but I still don’t think all those warrants are gonna get taken up.
However, the rampers insist it WILL happen. I don’t think it will.
Maybe the Navitas financials will help but can’t help wondering that Navitas thoughts ‘might’ be to withhold that news as it will add more pressure
on RKH ??
The question is WHY aren’t warrants for free money being taken up ?
My answer is: lack of confidence in the RKH BoD. That doesn’t mean I want RKH to fail but they haven’t managed it in 10 years and although they are closer than ever, the SP doesn’t lie.