RVR 0.00% 7.3¢ red river resources limited

Support at 16c, page-4

  1. 706 Posts.
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    Well they have signalled that another capital raising of around 15M is necessary to get the plant up and running. I'm thinking that they are approaching significant shareholders to take a placement. The significant shareholders are dumping some of their current holding on market to make room in their portfolio for the cheaper placement shares. Just a theory ...

    Tim.
 
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Currently unlisted public company.

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