RIL 0.00% 0.4¢ redivium limited

I won't be averaging down any longer, I've been in this...

  1. 1,114 Posts.
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    I won't be averaging down any longer, I've been in this situation before with another stock and in that instance, they got 0.1 cents and the market just didn't support any CR's anymore and they went broke

    This is a risk here, don't forget HNR never made any money for 10 years (apart from 1), clearly a lifestyle company only supported by investors

    RIL could easily just be the same continued with years away from revenue

    I'll will only consider buying if we get some pathway to financing and building a plant, but I guarantee I won't be supporting any CR's to fund directors' lifestyles unless that pathway is presented


    Last edited by Melen100: 14/05/24
 
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