RBL
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Ann: Investor Presentation - February 2018, page-2

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  1. AllFuelledUp
    4,783 Posts.
    lightbulb Created with Sketch. 148
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    05/02/18
    14:49
    Post #: 30827800
    I think their growth looks terrific and numbers good. Lots of cash in the bank- too much really

    25% gross margin on sales is reasonable. But under that how on earth can they have $21m of operating expenses? This is horrific. Anyone broken that out for us at all?

    So its about 75 x earnings, which seems about typical
    RBL Price at posting: $1.50 Sentiment: None Disclosure: Not Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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