RIS 0.00% 34.0¢ richfield international limited

questions on ris, page-3

  1. 105 Posts.

    They have to issue the full 15 million new shares in order to grow. Even if it is at 10 cents. Then they will have 77 million on issue.

    Then they could do a 1/10 split and have 770 million at 1.4 cents ( based on todays price of 14 cents, which we know is BS). Thats how you grow a company.

    There is a lot of potential here, considering they just earnt $2Mil and only paid $64K tax. Gotta love Singapore!!! And they have $11Mil in the bank waiting for something.

    The chart is looking good and 16 cents will get tested this month. Something is happening, that's for sure.

    If you can't tell, I really like this one.

    The Directors have never issued an option. Even when the stock sat at 2 cents. And to survive in Singapore harbour for 16 years they must be a pretty tight ship.
 
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