I feel your being a little harsh on RIV management. Im not sure what price you got in at but I've been involved in RIV from when the SP was 80c.
In my opinion RIV management have worked very hard to get the company where it is. If some of the top guys think they have got it to a point where it needs the likes of RIO to do the rest of the work then so be it.
If I was in there position I would do the same.
Just my opinion though.
Looking like $17 could be the new takeover price.
RIV Price at posting:
$17.01 Sentiment: ST Buy Disclosure: Held