Rialto Eng Share Discussion Threads

[boz2112] 11/11/2013 09:15

"The management of Rialto Energy will be hosting a conference call for analysts and investors at 8am UK (3pm Perth/5pm Sydney) on Monday 11 November.....

[boz2112] 11/11/2013 09:14

Treacle, that was Australian time and we have passed that so it has occurred!

[treacle32] 11/11/2013 09:13

ISDX trades - few buys at 2.35p

[sos100] 11/11/2013 09:13

so sad when when people start imagining they hold shares...

[treacle32] 11/11/2013 09:13

Boz - the conference call is at 3pm today!!!!

[boz2112] 11/11/2013 09:11

Duxy I have over half a million shares in this puppy unfortunately. Probably will sell out soon they have sold so much of the farm through the original Vitol farm-out, the dilutive cap raising and now we have to give them future cash flows as well?? They probably don't even have enough finance yet to proceed as is! The liability of the Vitol loan is now larger then the market cap! That being said I would appreciate if you gave a summary of the conference call and what was so "positive" about it.

[duxy786] 11/11/2013 09:05

Boz, suggest you sell out and see you later yeah? That's if you actually hold! LolTreacle your right, these lot are just hoping to get in on a lower price by acting like disgruntled shareholders when in fact they hold nothing. What GWR7 said is correct and was similar to all agreements they were looking at back in March. The figures mentioned on the call were great and yet he was being conservative. Great to see it test the upper support level here, I will be adding more if it touches the lower support at 2.1p

[treacle32] 11/11/2013 08:48

Thanks GWR7 - good enough for me.

[treacle32] 11/11/2013 08:48

Boz - this is it, conference call at 3pm.

[gwr7] 11/11/2013 08:41

Confirmation that Vitol will recover the money through disproportionate future cash flow.

[boz2112] 11/11/2013 08:41

Who listened in on the conference call some info would be nice especially about the vitol "loan"

[treacle32] 11/11/2013 08:36

We still don't know who bought many millions of shares as high as 2.89p?

[boz2112] 11/11/2013 08:34

Didn't they already take into account the Annual Report with the huge asset write down?

[treacle32] 11/11/2013 08:33

duxy - ditto but 400,000 holding here for the v.long term.

None of these were buying at 1.30p.

[treacle32] 11/11/2013 08:33

minho - you joining the morons then....no blue days at the moment so someone to blame.

What about your 8p valuation?

Too many idiots around in this game.

[boz2112] 11/11/2013 08:29

So was the loan issue mentioned in the Conference Call?

[duxy786] 11/11/2013 08:27

He seemed very plosives going forward on the call. Should get some cracking RNS's over the coming weeks. Personally holding 500k and won't be going nowhere until we are 8-9p

[minho] 11/11/2013 08:25

DON T forget this was tipped to SPIKE at 4p on JOINT Venture NEWS by our own young over zealous poster. I am still in as before.Same holding. Will we still have more BLOW by BLOW posts now after the good news ? Makes no difference. R I A will be a long slow recovery stock,as we all know it can be volatile at times like any stock.Please excuse the double post.I must add that the resent director £ 125 K buy 6 million shares.was well timed, they knew the details at that time of RIA going forward..

[duxy786] 11/11/2013 08:24

El1te - you dumped all of 13500 shares???

[duxy786] 11/11/2013 08:20

Anyone else on that call??

[el1te] 11/11/2013 08:14

Was surprised by the initial drop, that less than matched the ASX movement, share price bit the bullet at a 2.45p bid. 75% profit though so can't complain.

GL all who are still in. I was going to reconsider at 3p before the loan dispute arose so not much change. Hope it rises much higher in the medium term

El1te

[minho] 11/11/2013 07:59

London topped at 3 p. Now 2.5p ish after a few sell days here ,ie small percentage drops. ASX one big drop. SO we will see ? but chasing stock is a mugs game. Look in at end DEC JAN. That could tell a whole new story. See you all then, OUT.