RVR 0.00% 7.3¢ red river resources limited

Ann: Change in substantial holding, page-82

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  1. 8,713 Posts.
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    Hi BL,

    Anyone can bag a company - that's easy and often done for various reasons - you know the kind - going bust etc, pretty much venting. Swing the pendulum and the moon trippers eagerly line up with their tickets.

    However, there is a stark contrast in responses to the moon trippers as against the alternative, as blue skies are preferable to dark overhanging clouds (unless one is a farmer going through drought).

    It is a matter of perspective but if it goes against someone's preference then look out, as often the next step is insults of personal nature and then subsequent moderations till the dust eventually settles and reality sets in - that reality is what matters at any given point of time if one was to buy or sell.

    All listed companies have their challenges, some are well run, some not so, mining companies have more layers. All have to deal with wants and needs from various facets. Most of us retail holders barely make a dent and rely on good outcomes based on management skills, factors outside of company specific issues and the return demands from all around dealing with the company.

    Many refer to target prices as set by research companies and in RVR's case those are higher than current pricing - so one can only assume that if there is any merit in those price points then RVR is undervalued. Meanwhile prices fluctuate with market forces at random - and one can only wait for better pricing. Meanwhile, enjoy your day and dream on. smile.png
 
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Currently unlisted public company.

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