RHK 0.63% 80.5¢ red hawk mining limited

Hi NortibaJust phoned Barclays. None went through.Maybe I have...

  1. 138 Posts.
    Hi Nortiba

    Just phoned Barclays. None went through.

    Maybe I have just called the low point by missing my buying opportunity.

    I place my orders during the day UK time so have little control. Can't adjust the price during ASX trading hours.

    Once the tax loss selling is over I think the price will go up a little. A 30c takeover is now a distant memory and won't be repeated. I reckon Rio will buy us for 10c (~$180m must be small change to them) then hold on to the resource until IO picks up. That'd be a big premium to the current price but a pittance compared with the previous deal.

    S

 
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