RIS 0.00% 34.0¢ richfield international limited

chart shows upward swing, page-7

  1. 1,701 Posts.
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    Just took a look at historical net cash to share price.

    Since 2008, only in 2010 has the share price been above net cash per share ([Cash - total liab], I ignored all other assets!). I just can't see a catalyst for this to take off...

    I have a spreadsheet with these figures and all associated information taken from annual reports, but here's the basic part of it:

    Net Cash - share price (avg):
    2008: 4.12cps
    2009: 2.29cps
    2010: -1.16cps
    2011: 6.05cps
    2012: 3.97cps
    2013: 4.02cps

    If directors actually did something with cash over the years, maybe the share price wouldn't be so low.
 
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