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26/07/16
14:26
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Originally posted by ZMan
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So why sell now??
Guidance was confirmed on 27/4. I expect eps around 8c based on that guidance.
That places them on a very cheap PE of around 8.
The share price is only just starting to show signs of life after a period of consolidation.
Market cap of around $90 mil, approaching the $100m level where many institutions will consider investing.
I see plenty of potential for a significant share price increase from the current level.
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Fair question esp as SP jumped another 6c since. I simply needed cash after buying ASZ and DTL. Both have done ok. Still feel RXP will deliver the goods come yr end.
Last edited by
DSD :
26/07/16