RVR
Click for more information
0.00% 7.3¢ red river resources limited

Sic4me. What am I missing? This mob start out as a shell, buys...

  1. Colonel B Ron
    329 Posts.
    lightbulb Created with Sketch. 14
    clock Created with Sketch.
    12/11/14
    22:11
    Post #: 14280191
    Sic4me. What am I missing? This mob start out as a shell, buys an asset for $8m from a receiver in what I presume was an open and fair process and now has a market cap of $27m. Ok, the asset seems to have promise but it seems it's trading at an acceptable premium ATM, particularly given the current environment for miners. I would genuinely appreciate enlightenment.
    RVR Price at posting: 18.0¢ Sentiment: None Disclosure: Unspecified
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

TLG Talga to form joint venture with lithium producer SQM to develop Sweden's Aero project
right-arrow Created with Sketch.
GWR Scoping study and Phase 2 drilling progress Prospect Ridge magnesium play for GWR
right-arrow Created with Sketch.
AML Cultural heritage agreement puts Walford Creek exploration back on the map
right-arrow Created with Sketch.
NEWS Microcap Madness: 5 junior explorers with news out on Thursday 20 June
right-arrow Created with Sketch.
RDN If you thought lithium was dead, think again. The Pilbara will be central to the next upswing
right-arrow Created with Sketch.
JGH Jade's strong gas exploration results another step towards Mongolian development
right-arrow Created with Sketch.
watchlist Created with Sketch. Add RVR (ASX) to my watchlist

Currently unlisted public company.

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