RIS 0.00% 34.0¢ richfield international limited

Bought RIS yesterday.Have been stalking it for a couple of...

  1. 7,626 Posts.
    lightbulb Created with Sketch. 249
    Bought RIS yesterday.
    Have been stalking it for a couple of years.
    I liked the "broadening" of the substantial holders base....which adds some balance & potential fresh capital for expansion....Also some demands for dividends.
    The founders now hold 40% ,The 2 new entities hold 35% ( it is worth mentioning that they acquired their stakes at 16.5c...not 5c)
    We should expect decent return.
    Almost impossible to trade ,but a good longer term hold.
 
watchlist Created with Sketch. Add RIS (ASX) to my watchlist

Currently unlisted public company.

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