Why should I care what happens to RRR you may well ask?
Well I see it like this.
They currently own 24.57% (approx) which equates to 13,984,872 which (on opening price of $0.19.5 is $2,727,050.04. Not bad at all, especially when you consider this has DOUBLED in the last 2 weeks alone.
Now if I were a shareholder of RRR and I knew about their interest in RSL, I'd be keeping a pretty close eye on what's happening with RSL.
I don't think they'd be dismissing an additional $1.3m to their value as shareholders - particularly given the enormous rise in their own share price as a result of other significant financial successes.
We may end up with more shareholders from the UK as a result, who would perhaps want to cash in on RRR's success.
Now if the expected announcements are positive, then it certainly may make them sit up and take notice.
Just my musings.
Cheers,
Tangrams
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