Spot on dyno downside was max $1.17 at the top now downside 25 cents is small change to potential upside of $18+ and that is how i have been looking at this t/over from the start. Leverage is to the up side and i guess that is the way i see this. Besides if RIO get over 50%and not full control than RIV will still be listed on the ASX. Rio have a few large holdings in companies that are still listed in the ASX I think Allied coal and energy resources so they are doing well. Cheers.
RIV Price at posting:
$16.23 Sentiment: Buy Disclosure: Held