http://www.riverdiamonds.co.uk/admin/Latest/Docs/River%20Diamonds%20Trading%20Update%2031.03.08.pdf should be another anouncement in next couple of weeks
River Diamonds PLC 01 April 2008 1 April 2008 River Diamonds PLC ('River Diamonds' or 'the Company') First Day of Dealings River Diamonds plc is pleased to announce the first day of dealings in the shares of the Enlarged Group on the AIM Market of the London Stock Exchange following the passing on 31 March 2008 of the resolution relating to its acquisition of the 80% of the share capital of Viso Gero International, Inc. not already held by the Company. TRANSACTION HIGHLIGHTS • Acquisition gives the Company 100% ownership of the Vatukoula Gold Mine in Fiji • River Diamonds has raised gross proceeds of £4,669,000 following a placing at 6p per share • John Stalker and Neil Herbert have been appointed as non executive directors of the Company with effect from today (further details of these appointments have been given in the Re-Admission document published by the Company on 13 March 2008)
thanks.
can anybody advise what the price was before these shares were suspended?
what was the reason for MM's reducing the bid price this morning and then raising it again?
should have updates on Korea and from the EDQM. Hopefully both positive.
cos he wanted to get to the other side?
mmmm...same here. website doesn't give much away.
I can't seem to find too much info on this co. It appears that H2 results are due soon. If they are anything like H1, then this will jump. Any opinions?
in this? I am getting a little concerned now. Has done nothing but drop since new year. Thinking of bailing out. Particulalry on the back of those bigger sells this morning.
.
we go...
are these the big buys that Fatcontroller was talking about? It seems to fall easier than it rises this share.
not!
for the day?
should have trusted to our instincts...gone up already.
cant find a reason for this drop, but the spread doesn't look great. is it a good buy?
i expect it to rise about 10p over the next few months, similar to the trend previous. nothing drastic.
the way i see it, the drop was due to the company giving out 20p per share, which ammounts to the company giving out a large amount of capital. therefore, the company is worth less than it was if you consider assets. I am probably wrong, but that's the way i see it. I cant see it rapidly rising to previous but hopefully FatController is correct (below)
It makes me wonder if they are actually buys and not sells.