BUT RFV

Is this merger likely to go ahead?RFV over $9m cashIf merger...

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  1. webral
    5,262 Posts.
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    13/06/12
    15:40
    Post #: 10299892
    Is this merger likely to go ahead?

    RFV over $9m cash

    If merger goes ahead 1.25 BUT per share

    Correct me if i'm wrong,

    BUT would have to trade below 8c to lose money if deal goes ahead assuming a 10c RFV purchase

    BUT currently 11c & RFV trading below cash

    maybe worth a punt, I grabbed a small parcel for a trade, may get some more if it dips - decent gold intersections just released by BUT
    RFV Price at posting: 10.0¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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