More positively, we have been told that the $5.5m EBITDA in the forth quarter is indicative of the performance going forward, So that could mean that we could see $22m EBITDA or better. This is slightly less than the merger with the works was forecast to earn so very possible.
If we get another quarter of $5.5m or better we should see the SP rise back above 80c.
RXP Price at posting:
48.0¢ Sentiment: None Disclosure: Held
