scheming a takeover, page-9

britelite- thanks for your comments. It was interesting- $8m shares bought on the renewed offer on Friday. There could be heaps of overhang- no doubt- however, some people might have been and will buy RDF for their own singular purposes now. This share has almost become a political one: there's been talk in the media about how the "rejecters" need to now demonstrate that the rejection was in the best interest of holders, and a 30% decline doesn't demonstrate that,so I am wondering if there might be some spike to get us back on track. Of course, ther rejecters might do all of nothing- never buy, never sell, and we might just be stuck in limbo, with a drifting share price.

I figure that some shares become "it" shares, and often do so for all the wrong reasons. They're crash shares by any other name. RDF is now on watch by the market, particularly due to the MQG factor. So, with this "it" share, there is maybe a few days where it's on the register and minds of people. Some insto's might come on board, to "protect" MQG and RDF, the older insto's might leave bcause they've had enough, but stuff will happen. The next few days will be event-filled for holders.

Yes, merely just oversold, perhaps, but I only follow the market, and I have no idea whether it will fall or rise tomorrow or the next day. Having been in a crash share (Crescent Gold: CRE) and entered oin the second day of crash, I was to see it fall for two and a half days further- HST fell like a knife for days, and so did PIR- nothing is oversold until the market says so. I still think 30% on this one is overdone- the others had greater reasons- something was wrong, but with RDF, it has some merit just as it is.

Yes, RDF had some lower results- that's what happens with red light cameras in the land of libertarians, the USA. Fundraising by capital raising won't happen in the immediate future, in my opinion, as RDF holders would have memories of the last CR under Mr Cooper.

She's going to be a toughy, this one, and it will be an interesting journey- even if financially painful.

Hey, britelite- you thinking of getting in at some stage?