RIE 0.00% 0.2¢ riedel resources limited

Ann: Marymia Project Commencement of Drilling , page-7

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  1. 2,215 Posts.
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    It's almost a certainty the oppies are dead which is a shame for options holders but not so bad for ordinary holders. If the results are positive and we hit that " wildcard " it will give RIE an opportunity to do a capital raising hopefully at a premium to the oppie strike price of 20 cents so it could be a blessing in disguise.

    Some sort of CR will be obviously be required going forward which for a stock like RIE will not be such a bad thing IMO as by having a few more shares on issue it should loosen up the register a little and become more liquid.

    Could be an exciting ride over the next couple of months holding RIE, looking forward to it. Wouldn't it be good if we could replicate another certain stocks recent performance...... LOL, come on someone had to mention it.You just never know.

    Goodluck Crew.
 
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