concerning that the market values the "breakeven operating business (with revenues of 11m)" at -4m being the different between cash on the bal sheet and current mkt cap.
I'm keen to the board/mgt explain how they won't do a another value destroying acquistion ala CCK
Maybe another buyback of our shares, versus another company, can buy the shares at 25% discount to their cash backing, which would be positive for shareholders and hopefully shareprice. Could use say $8m, still leaving $8m on bal sheet.....
RFL Price at posting:
5.3¢ Sentiment: Buy Disclosure: Held