RIA rialto energy limited

re: Ann: BBR Webcast - Interview with Rob She... Hi Duke the...

  1. 553 Posts.
    re: Ann: BBR Webcast - Interview with Rob She... Hi Duke the Dog,

    I'm worried that RIA missed a golden opportunity to raise funds (via a placement) when it was recently trading in the teens.

    Given RIA's current market price, in my opinion, it would be more efficient and logical for someone to take it over rather than farmin.

    More than half its current market cap is covered by cash, $30.3 million as at the end of Dec 12.

    Rob Shepherd's choice of words is also making me think of all the different possibilities.

    With drilling action not too far away investors are eagerly awaiting any updates.
 
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