Rialto Eng Share Discussion Threads

[treacle32] 28/11/2013 10:36

Bored holders still selling despite all the subtantial directors top ups to add to their existing subtantial holdings.

[adrian1monk] 28/11/2013 09:32

Share price has gone a bit quiet.. Let's hope December brings a better month !

[boz2112] 27/11/2013 23:20

Lolol at treacle talking to himself!

[house atreides] 27/11/2013 21:46

yeah I thought that, AGBAD created very recently in Sept I think.

He needs someone to talk to here since he (claims he) has filtered everyone else !

the director buying makes a nonsense about the delisting thing that trickle has been going about. Boz went the AGM last week and said as much.

Sooner he clears off the better.

[foxx999] 27/11/2013 20:52

Treacle and AGBAD same person?

[treacle32] 27/11/2013 19:11

Any press snippets would only help at the moment.

DIRECTOR DEALINGS: Rialto Non-Executives Buy Shares
Wed, 27th Nov 2013 14:42

LONDON (Alliance News) - Rialto Energy Limited Wednesday said non-executive directors Andrew Sinclair and Gregory Stoupnitzky bought shares in the oil and gas company, both at an average price of AUD0.038 per share.

Stoupnitzky purchased a total of 500,000 shares Tuesday. He is now beneficially interested in 1.3 million shares.

Sinclair purchased a total of 390,000 shares at an average price of AUD0.038 per share on Wednesday. He is now beneficially interested in 723,333 shares.

Shares in Rialto were down 2.5% at 2.05 pence Wednesday afternoon.

By Arvind Bhunjun; [e-mail]; @arvindbhunjun

[treacle32] 27/11/2013 18:59

Thanks Candy - I'll provide my email tomorrow to him and you guys.

[treacle32] 27/11/2013 18:58

Yes maybe buying on ASX does not indicate that de-listing will happen soon. But then as I've always said why did they say "dual listing being reviewed" - I'm sure it caused the sell off on ASX. Maybe with these 2 directors buying on ASX, it may generate some interest on ASX tonight again.

We've fallen more here now than ASX because of typical mentality on AIM. No wonder they still staying v.high on the offer price. I ignore the bid price and always concentrate on the offer prices - bar 1 on 2.10p, all others still stacked up very high.

One doesn't get to see so much directors buying on many other stocks on AIM.

[agbad] 27/11/2013 16:51

Treacle, I was posting on LSE. Ezhik asking about you and says hi.

[jh1066] 27/11/2013 15:42

Treacle by buying on ASX does this not discount the idea that they will de-list any time soon ?

[treacle32] 27/11/2013 14:44

Indeed, filled their boots big time now.

[agbad] 27/11/2013 14:31

Excellent news. If the BOD are still buying then this has only one way to go.

[treacle32] 27/11/2013 14:23

Even more director buying...

27 November 2013

ASX Code and AIM Code: RIA

Rialto Energy Ltd

("Rialto" or the "Company")

Directors Dealing

Rialto was informed today that Andrew Sinclair and Gregory Stoupnitzky, both non-executive Directors, purchased shares in the Company.

On 26 November, Mr Gregory Stoupnitzky purchased a total of 500,000 ordinary shares in the Company at an average price of A$0.038 per share. Mr Stoupnitzky is now beneficially interested in 1,333,333 ordinary shares.

On 27 November, Mr Andrew Sinclair purchased a total of 390,000 ordinary shares in the Company at an average price of A$0.038 per share. Mr Sinclair is now beneficially interested in 723,333 ordinary shares.

[treacle32] 27/11/2013 14:22

Re above post, that's why on 1 small buy a jump on the bid price again.

[treacle32] 27/11/2013 14:14

That's spot on.

Level 2 also still shows very high on offer prices, even now just 1 on this offer price.

Just normal AIM habits these days with the trades we've seen.

I thought it had bottom out here and certainly with the static price for a number of days. Rob did top up at 2.28p and the other at 2.10p.

Maybe the large buyer who filled their boots to a high of 2.89p not long ago will resurface.

One can see a correlation with MARL that was a similar levels for a bit before climb to 9 pence. Our turn will come.

[agbad] 27/11/2013 13:56

Treacle at what price do you think this will bottom out to attract buyers back into the market. As you know I'm a novice but why anyone would sell below 2p when the BOD have substantially invested their own money around this price puzzles me.

My reading of the situation is that Rob Shepherd stated that first gas is forecast 14 to 18 months after final investment decision. I assume the BOD is in the process of negotiating a gas price with the Ivory Coast government before this decision is taken. Hopefully there will be a RNS soon that these negotiations have been successfully concluded. Even better if the capex arrangements can be tied up. That should move the share price substantially higher.

Any thoughts or am I misreading the situation?

Candy

[treacle32] 27/11/2013 12:49

Just desperate small time retail sellers still feeding the MM's despite the recent big directors top ups.

ASX price higher than London.

[agbad] 27/11/2013 08:36

Morning Treacle. PK posted this morning:

'Hi Candy. Thanks for letting me know
I do not have an advfn account but would love to keep in touch with treacle. I will wait for him to get in touch. Hope you are keeping well treacle and hope to hear from u soon.'

[agbad] 26/11/2013 18:26

Thanks Treacle. I'm fine. I'll let Princess know you're fine too. She posted earlier on LSE. Talk to you later.

[treacle32] 26/11/2013 18:21

Hi mate - good to hear from you. Yes not too bad and just got the personal stuff coming to a conclusion in just 12 days now. The ADVFN boards here are just trashed by many and I don't post here that much. Please let PK know I'll be in touch - she'd been supporting me.

Their loss mate on LSE and I suppose it shows. I think a few wrote to them without any luck - not my style to ask myself when bulletin board morons rather allowed to trash boards.

Yes we've got a bit of an overhang with real buy price still at 2.10p. A few buys today on ISDX.

ASX decline has certainly bottomed out and good to find those estimates that I've posted earlier.

Rob still needs to clarify ASX listing, resource numbers, broker write-up, and gas sales agreement news to come. I think Rob's big top-up at 2.28p and the other big director top-up at 2.10p (both recently) have just been ignored somewhat.

I've found a website which our group can use, I'll provide my email etc in due course.

Hope you're keeping well too.

[treacle32] 26/11/2013 17:15

Still need proper broker write-up and on reserves too. Nonetheless found these today on the ASX perspective....

Rialto Energy Ltd RIA:ASX

Consensus recommendation
As of Nov 23, 2013, the consensus forecast amongst 3 polled investment analysts covering Rialto Energy Limited advises that the company will outperform the market.

Latest recommendation
Outperform 3

Share price forecast
The 3 analysts offering 12 month price targets for Rialto Energy Limited have a median target of 13.00, with a high estimate of 25.00 and a low estimate of 6.00. The median estimate represents a 242.11% increase from the last price of 3.80.

[treacle32] 26/11/2013 10:14

Good size buy finally on ISDX - a little bit of an overhang remains

26/11/2013 09:40 237,526 @ 2.1