RIE 0.00% 0.2¢ riedel resources limited

watcher, page-12

  1. 157 Posts.
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    I think the better question is why would someone BUY over 35 million shares??
    Investors generally only BUY shares in a company like Riedel Resources for one reason - the outlook is very positive and they think the share price is going up!
    On the other hand, Shareholders need to sell positions for a variety of reasons (renovate the kitchen, pay off the credit card, or in the case of ADX, avoid dilution to pay for their own core oil and gas project development).
 
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