RVR 0.00% 7.3¢ red river resources limited

Ann: Administration Update, page-18

  1. 4,759 Posts.
    lightbulb Created with Sketch. 2230
    Yes sold to Worthless shares .
    They make $149.00 before costs which are very low and they own the shares .
    Some businesses can have a Lazarus like reincarnation from seemingly hopeless financial positions and so become of some value .
    Alas no chance in this one .

    The tax losses last financial year were worth much more than the $150mI I paid .
    I wish that was not the case ,lol .
 
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Currently unlisted public company.

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