RIV riversdale mining limited

I agree the major corporates will decide RIV's fate, but...

  1. 989 Posts.
    I agree the major corporates will decide RIV's fate, but certainly there is an additional corporate play occurring separate to the RIO offer. Only corporates would purchase over 1M RIV @ $17 in 3 or 4 transactions on 29 Dec. And on other occasions as well lesser parcels were bought at $17. Without a doubt a corporate play. We shall wait and see who the mystery buyer is. My hope it is a counter offer to RIO. Worst case it is Tata increasing it's holding or the Indian consortium ahead of a controlling interest by RIO. Best case it is a counter bidder to challenge RIO. DYOR.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

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