baby and bathwater

RQL, has been heavily sold with the rest of the market. However at 40 cents this is now a standout IMO. This company has a proven track record of 20-30% organic growth. The business showed, prior to listing via Repcol, that through the last market rout 2008-2009 its earnings grew from circa $5.5 to $9m. It benefits from mining restricting capex, they then turn to rental rather than purchase.

I'm long this stock with a 2-3 year horizon.