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Ann: Loyyal Investment Update, page-43

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TREVOR1

4,127 Posts.

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24/08/20

13:38

Post #: 46768722
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Originally posted by AdVictoriam: ↑

yes, bad choice of words by me; I meant winning the takeover bid for Loyyal, or taking a bigger stake thereof.

RFN is certainly as risky as it could get; a badly run company with bad choices, this is even more risky than a mining explorer with a slumped commodity price. I have a good nose for dogs. Multi-year downtrends with few and non-sustained periods of bullishness, indicating constant failure to meet objectives. Many CR's and constant dilution. Poor performance also comes through clearly, in any ann. Takes about 5 minutes to spot a proper dog.

RFN have minimal cash, bidding for another lackluster one (Loyyal) whilst managing a second underwhelming initiative (Wooboard). Wooboard is a joke imo. That BIO thing was probably the one to keep, dunno. Wooboard. Seriously.

Even still, conduct the CR, ann some new venture, and pop. Maybe newer management means RFN can turnaround (somewhat). The TO of Loyyal + IPO would be a good outcome. Who knows if they've the mettle to do that.

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Hi,

I’ve brought my average down to 0.004 on RFN today.

Gl,

Trev

RFN Price at posting: 0.2¢ Sentiment: None Disclosure: Held
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0 Great analysis

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Last 0.2¢		Change 0.001(100%)		Mkt cap ! $1.223M

Open	High	Low	Value	Volume
0.2¢	0.2¢	0.2¢	$600	300K

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No.	Vol.	Price($)
29	31581298	0.1¢

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Price($)	Vol.	No.
0.2¢	14620626	11

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Ann: Loyyal Investment Update, page-43

BCI reaches close of funding facility for salt-first part of Mardie project

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

Cokal upgrades infrastructure for BBM ramp-up in Indonesia

Week 40 Wrap: China's nonsensical stimmy hype wanes (shocking!); HotCopper's picks; oil & inflation

Neurotech knocked back by FDA as agency declares target condition not rare enough for special status

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

Buxton projects new graphite province discovery at WA Narryer play

White Cliff jumps 24% on 'bonanza grade' copper rock chips at Rae project, Canada

Solstice Minerals to ramp up drilling campaign at Yarri Gold Project

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

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Ann: Loyyal Investment Update, page-43

Top Stories

BCI reaches close of funding facility for salt-first part of Mardie project

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

Cokal upgrades infrastructure for BBM ramp-up in Indonesia

Week 40 Wrap: China's nonsensical stimmy hype wanes (shocking!); HotCopper's picks; oil & inflation

Neurotech knocked back by FDA as agency declares target condition not rare enough for special status

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

Buxton projects new graphite province discovery at WA Narryer play

White Cliff jumps 24% on 'bonanza grade' copper rock chips at Rae project, Canada

Solstice Minerals to ramp up drilling campaign at Yarri Gold Project

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News