RQL 0.00% 26.0¢ resource equipment ltd

Very happy with the 46% return, I was expecting a slim 20% or...

  1. 602 Posts.
    Very happy with the 46% return, I was expecting a slim 20% or less. However, this does not discount the amount of interest in RQL. $9.78Mil (or thereabouts) came in on the SPP.

    $4.5Mil from SPP = 46% of allocations.

    $4.5Mil/46 * 100/ 54% = $5.28Mil refunded to shareholders.

    I'd expect to see at least half of those funds go back into the share at these levels.

    Great posting as always stonemason.

    Good luck all holders.
 
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