RVR 0.00% 7.3¢ red river resources limited

Ann: Administration Update, page-13

  1. 4,784 Posts.
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    I sold my large holding for $1 and will take the loss for last financial year .
    It was obvious from the beginning of Administration that there would be a shortfall and that the shares were worthless .
    From memory it cost me $150 to crystallise the loss .

    Quality of management is everything but at the small end there are more places than talent .
 
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