RIA rialto energy limited

Ann: BBR Webcast - Interview with Rob Shepherd , page-4

  1. 614 Posts.
    lightbulb Created with Sketch. 20
    re: Ann: BBR Webcast - Interview with Rob She... I found this line from M3767605A posted link to be quite intersteng and got me thinking alomg the lines of a possible takeover looming.

    "Failing that, we need to consider whether we can raise additional finance from the equity markets, or even whether it is realistic for Rialto to remain in its current form."

    Realistic for Rialto to remain in its current form!

    With a market cap of 55 million and about 25 million of that in cash. Why would anyone farm in when a complete takeover at 20c or even 16c is quite realistically
    possible.

    Alot of shares have been traded recently, increased volume and yet no substantial shareholder notices

    Is a takeover looming ??

    Thoughts....

    Cheers.
    Duke
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.