RIV
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0.00% $16.20 riversdale mining limited

Folks,TATA are back in buying the extra 3% allowable, that's why...

  1. poppy17
    128 Posts.
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    28/02/11
    20:04
    Post #: 7969548
    Folks,

    TATA are back in buying the extra 3% allowable, that's why the increase today

    This means the RIO bid will surely fail, unless, they offer something substantially more.
    RIV have 500M in the bank, therefore RIO are only offering about 14.10 a share. GET real RIO

    All the best to all RIV holders

    POP
    RIV Price at posting: $15.45 Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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