RVR 6.67% 21.0¢ red river resources limited

RVR will have a take over bid on the table within 6 months.

  1. 2,955 Posts.
    lightbulb Created with Sketch. 41
    I predict that RVR will be gone and taken out just when it would be beneficial for as all.
    The management and the board will be offered a great payout,too good to refuse and will let RVR go for 30 cents when we should be getting at least 50 cents in 6 month from now.
    We will be told it is a great deal because it is 50% above what it has been trading for, the last few weeks.It will be around 20 cents when they make a take over bid.

    I said it before,and I will say it again, this is AVB all over again.

    All we can hope for,is that there is some other company that is also looking at RVR and will make a bid for it.

watchlist Created with Sketch. Add RVR (ASX) to my watchlist
(20min delay)
Mkt cap ! $108.7M
Open High Low Value Volume
22.5¢ 22.5¢ 21.0¢ $488.4K 2.259M

Buyers (Bids)

No. Vol. Price($)
10 344441 21.0¢

Sellers (Offers)

Price($) Vol. No.
21.5¢ 5000 1
View Market Depth
Last trade - 16.10pm 11/05/2021 (20 minute delay) ?
-0.015 ( 4.44 %)
Open High Low Volume
21.5¢ 22.0¢ 21.5¢ 69319
Last updated 15.17pm 11/05/2021 (live) ?
RVR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.