RCR rincon resources limited

Ann: Continuation of Voluntary Suspension and Business Update, page-15

  1. 19,938 Posts.
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    yeah $20M was my initial estimate, and if that were the case, then yes i would have been a buyer.

    However more info has now been revealed which mentions negative financial result.

    Since the expectations were for $35mil profit FY then obviously the impact of this issue is not going to be $20mil.

    Based on this news, then initial reaction will surely breach 2.55.

    Are you happy now?
 
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