RIV
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0.00% $16.20 riversdale mining limited

icvl of india will top rio's $3.9 billion bid , page-5

  1. TJ22
    1,294 Posts.
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    22/01/11
    23:41
    Post #: 7777781
    Mitis,

    I don't have a holding in RIV but have followed its progress for a little while. Its definitely good for RIV holders that another party is interested in bidding. At this stage though why would they just not offer $16.50/share or so. They might have a final figure in mind that they are willing to bid but they only need to better RIO's $16 at this stage
    RIV Price at posting: $16.31 Sentiment: Buy Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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