RVR 0.00% 7.3¢ red river resources limited

Ann: Appointment of Administrators to Red River Resources Ltd, page-38

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  1. 289 Posts.
    lightbulb Created with Sketch. 46
    Extremely disappointing.

    Depending what happens, it isn't a total loss just yet, but, there will be a loss. If all assets are sold and wound completely, sh may get a small portion back. If it is restructured/capitalized somehow, same thing. Thus is the life of small caps.

    I guess one thing to learn here is that CR are not all bad. The "refusal" to do any due to being frugal and not wanting to dilute SH had a hand in this looking back, especially considering the circumstances.

    Oh well, it is what it is!
 
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