RIL 0.00% 0.4¢ redivium limited

Request for further extension indicates the following:1 - the...

  1. 1,380 Posts.
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    Request for further extension indicates the following:

    1 - the company (HNR) is confident that the Share price is undervalued, and hence has engaged with Shandong for another period of time

    2 - The recent surge in price is less likely to be related to speculation on the funding

    3 - the wording of the announcement suggests that management have complete trust in shandong's ethics.

    Early days but can't be disappointed with recent events.
 
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