RIS 0.00% 34.0¢ richfield international limited

$6m m/c $11m cash & cashflow positive, page-6

  1. 8,443 Posts.
    lightbulb Created with Sketch. 175
    Buyers continue to step as they find out about this little cash cow, wouldn't be surprised to see this up around 18 cents (cash backing) by end of next week.

    I keep wondering what the intentions are of the buyer of the 22 million shares at 16.5 cents that went through recently.

    Other then buying a 33% stake in a company at cash backing so absolutely no risk, I cant help but think they will take over the rest of the company.
 
watchlist Created with Sketch. Add RIS (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.