re: Ann: Acquires majority interest in West A...
These projects are a long way from fruition and when they are, there will be approx 215,000,000 shares as opposed to the 40,000,000 now. A lot of these shares are going to be in hands at discount market prices. I for one will wait and see how the market values the shares currently on market, as this is a very hard thing to do, with so many variables in play. It is good to see RIA finally move to securing deals but they are coming at a cost and at a time that the market is nervous and want results and not just potential. Simon Potter leaving already?
RIA Price at posting:
22.0¢ Sentiment: None Disclosure: Not Held