RIV 0.00% $16.20 riversdale mining limited

Spot on dyno downside was max $1.17 at the top now downside 25...

  1. 300 Posts.
    Spot on dyno downside was max $1.17 at the top now downside 25 cents is small change to potential upside of $18+ and that is how i have been looking at this t/over from the start.
    Leverage is to the up side and i guess that is the way i see this.
    Besides if RIO get over 50%and not full control than RIV will still be listed on the ASX.
    Rio have a few large holdings in companies that are still listed in the ASX I think Allied coal and energy resources so they are doing well.
    Cheers.
 
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Currently unlisted public company.

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