RIS 0.00% 34.0¢ richfield international limited

Thanks for the detailed reply Bozleyboo. Just a couple of...

  1. 303 Posts.
    Thanks for the detailed reply Bozleyboo.

    Just a couple of followup questions:
    1. Why would the stock split grow the company? Are you referring to increased liquidity from having more shares on issue?

    2. So they are holding a large cash balance to see if Sinotrans want to take a bigger stake (which has preapproval ti happen in the next 10 weeks). If they do, theem they will look at further expansion? What will they do if Sinotrans choose not to increase their holding?
 
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Currently unlisted public company.

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