Ashentegra Maybe and maybe not. A lot of companies trade at a...

Ashentegra

Maybe and maybe not. A lot of companies trade at a significant discount to their value.
Some like the Big four banks trade above their value when you take bad debt and so forth. RIC doesn't really have that problem though.
Still I would think RIC may well trade at a 10 - 15% discount to its value, which doesn't give it much room at all from here.
When you look at the weak way the markets have rebounded and what they have rebounded on ie; a couple of dollars rise in the POO and some veiled statements from the US Fed and perhaps more QE from the EUZ.
None of which is really inspiring imo.

RIC, a great little Australian company, but is subject to some serious sellers lately.
I think the rise in the market is near its end as POG is rising again now.