RIA 0.00% 3.3¢ rialto energy limited

Ann: Amendment of Settlement Agreement Offshore D, page-46

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  1. 880 Posts.
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    re: Ann: Amendment of Settlement Agreement Of... No, for many reasons... mainly value is in the eye of the beholder. Valuations are only reasonable accurate for those companies producing cash, or have an asset that can be easily valued.

    For me the value of the 3c was for Starfish drill to those that bought early, before the outcome was known, they bought with that knowledge. Worth the punt. That has now largely been zeroed.

    I am not sure what the share-price should be for RIA now, the cals is too simple Boz. Given a little pressure from a shareholder wanting to reduce there holding the share price could do anything. As asteroider said, there are a couple of million shares depth, that is only $20,000 bucks... tiny compared to the $14 million recently issued.... a ripple.

    :-)
 
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