games on.., page-2

for me the big thing with these guys that has gone largely unnoticed is that they did a capital raising just before the GFC hit by raising $300 million selling 35% of Benga to Tata Steel at $9 per share or thereabouts. Just about every other company were forced to raise capital when their share prices were at rock bottom and seriously diluted their share base in the process but RIV has only 193m shares on issue with $300 million in the bank - that is a seriously good financial position to be in any way you look at it. When every other company was laden with debt during the GFC these guys were cashed up. It may be luck that it panned out that way but i'm not complaining