15 Million new shares (into 63) with net assets = 0.24 cents per share.
$2M a year cash flow. $8M Market cap??
Chak Than will be getting the best possible price, for a piece of his life's work. These directors have never written an option. The stock is so undiluted.
Yes, a lot to like about this one, even just as a hedge against the aussie economy, which is going down the drain. Singapore is booming!
Richfield is too.
RIS Price at posting:
12.0¢ Sentiment: Buy Disclosure: Held
