A Perth broker with big buy orders for the old RTL tells me we are set for action next Monday, all going to plan with the ASX pipeline that is.
He asked if I had any large lines of stock wanting to deal day 1 as he has a large appetite for this stock. Clients of his firm were and still are big stakeholders of RIV....join the dots!!
I told him my investor friends who hold decent positions here have a long term outlook and will infact be buyers with what has now unfolded in the region.
All indications are that the re-constructed stock will be in high demand, so be an observer for the first couple of weeks is my gut feeling for any longs who may be considering selling.
Good luck to all and can't wait for Monday.
Cheers
Eyeknow
DYOR
RTL Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
