RIV
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0.00% $16.20 riversdale mining limited

Ann: Change in substantial holding , page-3

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  1. dynofish
    2,620 Posts.
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    31/08/10
    10:47
    Post #: 7082292
    Hi Distef

    I was thinking the same thing...I think the creep provisions allow for up to 3%pa gain...and that in turn is limited to 1.5% per half year...at least that is what I recall being the case. Yet the announcement today appears to breach the second limitation. I'd be interested in people's further (and perhaps more informed) views.

    regards
    DF
    RIV Price at posting: $9.31 Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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