RIV
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0.00% $16.20 riversdale mining limited

takeover speculation. page 25.

  1. Billy Gatess
    5,609 Posts.
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    18/01/10
    08:23
    Post #: 6213081
    A small article on page 25 of today's Fin Review..
    Basically suggesting that the stock is rising pending potential corporate activity from recent China related takeovers in the coal sector.
    I think it has a lot of do with the recent buy in from CSN, Rising coal prices, pending construction, potential for new deals etc as well. There is a lot going on and it points to a sustained re rating imo. [has been underway for the last month or so anyway]. Please dyor.
    RIV Price at posting: $8.22 Sentiment: ST Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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