RIS 0.00% 34.0¢ richfield international limited

Looks like two large holders below 20% are owned by the same guy...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 4,966 Posts.
    lightbulb Created with Sketch. 10
    Looks like two large holders below 20% are owned by the same guy and always have been without disclosure so in breach of Corp Act, must be to do with being over 20% bringing takeover panel into play.
    Don't think anything has changed apart from disclosure breach.
    I held these for a while and sold at the wrong time early this year before the pop higher. I noticed common directors in another dodgy stock I was watching at the time, EPA from a ridiculous relisting price of 20c (huge market cap based on nothing with hundreds of millions to vendors) all the way down to 0.2c in less than a year.
 
watchlist Created with Sketch. Add RIS (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.