Originally posted by ryobal
Seriously?...
$3.2m investment recently valued in Loyyal (whether this matures or not).... $1m cash...
That’s $4.2m there... gut the company and back in something market cap should be $4m ish plus the $4.2m...
Refffind and wooboard products are crap I get that or haven’t been managed right at the least.. but any shell can go for $3-9m on asx depending on structure...
Hence why I will buy more...
I think you'll find Loyyal is another dud move by RFN and that $3.2m will be worth closer to $0 than $3.2m in 12 months' time. Didn't they make that purchase around the peak of cryptocurrency?