News: Rio fails to score majority Riversdale stak, page-6

  1. 1 Posts.
    re: News: Rio fails to score majority Riversd... So what sentiment do we have here in the group?

    What would possibly drive the price above $16.50 without some sort of re-sweetened offer?

    What is the scenario if Riversdale remains a minority shareholder, stalemated by Tata and CSN - what trajectory does the SP take? Does RIV remain on the ASX? Could the remaining holders trade up the stock to higher levels?

    Im out @ $16.47 - I can't see the horizon from here.

 
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