RCH has just become a back door listing for Victory West and its Indonesian assets. At this time the valuation of these assets is hard to figure BUT the technicals (subject to some qualifiers) look like they want to run higher. Stochastics "rolled upwards" to-day from a very oversold position.
The number of shares on issue and consideration payable to purchae Victory West will add up to a billion shares and 500,000,000 oppies which will be subject to a reverse split. This one is extremely speculative and very hi risk but Good luck to all longs.
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very bullish technicals
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