RIA 0.00% 3.3¢ rialto energy limited

Ann: BBR Webcast - Interview with Rob Shepherd , page-4

  1. 613 Posts.
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    re: Ann: BBR Webcast - Interview with Rob She... I found this line from M3767605A posted link to be quite intersteng and got me thinking alomg the lines of a possible takeover looming.

    "Failing that, we need to consider whether we can raise additional finance from the equity markets, or even whether it is realistic for Rialto to remain in its current form."

    Realistic for Rialto to remain in its current form!

    With a market cap of 55 million and about 25 million of that in cash. Why would anyone farm in when a complete takeover at 20c or even 16c is quite realistically
    possible.

    Alot of shares have been traded recently, increased volume and yet no substantial shareholder notices

    Is a takeover looming ??

    Thoughts....

    Cheers.
    Duke
 
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