I`m not so sure i`d like Nestor to be dead and buried. Better the devil you know struggling along having installed 20 cameras for the year and lost another $6 mil. or so and us having installed 300 including 45 speed cameras.
An acquisition? If the others are still going as well as they are now and we`re winning say, 50-70% of all contracts why bother?
Redflex has never been a stock for the short term IMHO. With the right board/management it`s a 10 to 15 year investment.
RDF Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held