EXT 0.00% 1.2¢ excite technology services ltd

rio will seek to negotiate a joint venture, page-13

  1. 2,088 Posts.
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    Hi All

    RIO's 2008 Annual Report was released to the stock exchange on the 17 March 09. For about a week before this date Extract's shares had been fairly stable trading around $3. Since the release of RIO's report Extract's sp has risen 33%!

    Does this mean that other buyers are now looking to take a position hence the price rise, or is the market looking at the JV as a positive move?

    Regards

    Steve

 
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