sp below 30 –alarming anything?, page-5

My thoughts are that RQL is fairly low risk given that ~75% of its revenues are recurring, unlike the contractors that need to book-build annually to write revenue. I think the value and low risk is even more so at 30c per share. This is a stock run by good operators with very good track records so when the sentiment shifts back to positive in this space it will only be a matter of time before this stock is closer to $150mn market cap again and on 8-10x pe. Look what happened to BLY the other day; 2nd downgrade in 3 months and the stock rallied 10%.

Either way, there are better things to do with your money at the moment but I am just not sure for how much longer.

Stone, please shoot me an email to [email protected] if you have some notes from agm.

Thanks!