RFN 0.00% 0.2¢ reffind limited

It's fine. It is retail selling out of RFN as it is a shell and...

  1. 5,937 Posts.
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    It's fine. It is retail selling out of RFN as it is a shell and if you looked at P&L you would be nervous.
    There are some great shells around now also but I believe RFN has the best EV currently with the Loyyal investment hence why i am buying.
    They need to reduce costs though - I don't even know how many staff they have and what they do but needs a restructure.
    RFN has absolutely been driven into the ground. Needs a new core business and broker / insto funds behind it to get it moving.
    There is no primary business activity currently that can sustain any operation without continued cap raise.
    $2.5M market cap is cheap.


 
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Currently unlisted public company.

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