RVR 0.00% 7.3¢ red river resources limited

These things usually don't end well .The only way forward would...

  1. 4,784 Posts.
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    These things usually don't end well .
    The only way forward would be if their shareholders were prepared to put up more equity capital and I don't hear much willingness to do that on this forum .
    RVR is not in the hands of Administrators yet but it has guarantees for Comarty debt and no income and the management has largely abandoned ship .

    We live in hope but I have in my mind written off a large loss here .
    I got this one wrong and should have taken a much smaller loss quite a while ago because all the signs have been there for a while .
 
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Currently unlisted public company.

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