RIA 0.00% 3.3¢ rialto energy limited

Ann: Financial Results for Year Ended June 2013 , page-27

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  1. 17,111 Posts.
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    re: Ann: Financial Results for Year Ended Jun... Who knows. Could just be someone who supports the company pushing the SP to finally get above placement price.

    Definite price query coming. Otherwise I will have to talk to the ASX again!

    Funny thing with this company. The share price tanked from the teens on no news and by the time shareholders were told via asx released that there was a 3c dilution and they were cancelling the drill and giving most remaining cash to the drill operator in exchange for them not turning up.... the share price was below 3c. So if you had waited for definitive ASX news to make a decision to sell you would only have sold below 3c.

    Now we are above 3c on no news. Wouldn't it be a laugh if this got to 4 or 5c before the PSC was formally renewed on favorable terms!. Then those who sold below 3c would have definitive news with which to make a decision to buy back in at twice the price.

    Funny show this asx.
 
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