JAMIE CARR: How many more chances will Rockwell Diamonds get?
There must be a feeling that Rockwell had better execute its turnaround plan and return to productivity, or it’s going to be time to turn out the lights
Capital & Counties not giving any groundThe UK Sunday Times and Howard de Walden bear witness to what a substantial London property holding can do for one’s fortunes over time — and they think and plan in generational terms, oblivious to the occasional adjustment in the market.Rockwell Diamonds between a rock and a hard placeOne potential problem with being a listed company is that you keep on having to go back to the market to tell everybody what’s been going on. It’s like an endless succession of end-of-term reports, which are fine for the bright-eyed enthusiasts at the front of the class, but less enjoyable for those who spend most of their time confined to the corner sporting the dunce’s cap.The big issue is that if you keep on disappointing the market, your credibility goes straight to zero, nobody will touch your shares, and very soon your market cap will have shrunk to a level at which you’re totally uninvestable.Rockwell’s market cap is down to R22m, its share price having d...
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