RVR
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0.00% 7.3¢ red river resources limited

Well they have signalled that another capital raising of around...

  1. fightinggreed
    706 Posts.
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    19/10/16
    14:36
    Post #: 19971644
    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.
    RVR Price at posting: 16.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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