With zero debt, $6.4M in cash as at 31 Oct and increa sing positive cash-flows from operations, RXP is well positioned to take advan tage of strategic acquisition opportunities that are continuing to present themselves
That was from the AGM last slide.....so it can only be positive IMO... THe concern we need to keep front of mind with RXP in my opinion is that they don't get carried away with becoming "big" i.e. a pigs at the trough, ego based approach.
That could be the negative component of having the big swingers on the board.... If they can remain committed to increasing shareholder value rather than purely chasing size - this one will be a goldmine.
RXP Price at posting:
77.0¢ Sentiment: LT Buy Disclosure: Held
