RFL 0.00% 16.5¢ rubik financial limited

Ann: Appendix 4C - quarterly , page-3

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  1. 636 Posts.
    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.....

 
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