RIV
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0.00% $16.20 riversdale mining limited

crazy, page-8

  1. Weihuawang
    1,015 Posts.
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    27/10/08
    11:12
    Post #: 4432577
    Bought another 1000 shares at $2.55, but share price keeps falling, where is the bottom?

    MC around $450M when SP around $2.40, $345M cash, SA coal valued at $100M for annual profit at $9.1M, then massive coal reserve at Mozambique is valued nearly free carry.

    A totally mad foolish market! But I can still sleep well.

    Cheers!



    RIV Price at posting: $2.43 Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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