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0.00% 0.2¢ riedel resources limited

I think the better question is why would someone BUY over 35...

  1. AX-E
    10 Posts.
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    28/09/17
    08:36
    Post #: 27507171
    I think the better question is why would someone BUY over 35 million shares??
    Investors generally only BUY shares in a company like Riedel Resources for one reason - the outlook is very positive and they think the share price is going up!
    On the other hand, Shareholders need to sell positions for a variety of reasons (renovate the kitchen, pay off the credit card, or in the case of ADX, avoid dilution to pay for their own core oil and gas project development).
    RIE Price at posting: 4.3¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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