valuation has just increased, page-7

Great response relaxan and its good to see you again on the RQL thread. I remember you from the RGD thread.

Two comments in relation to what you and AJ14 posted.

AJ14, it is my understanding that their equipment is being fully utilised or is at near capacity. Not working for the company I cannot confirm that although that is the impression I get from having read various recent news articles and ASX releases from the company. RQL is currently facing the opposite problem in that demand for their services has increased to such a degree that they don't currently have enough necessary equipment and employees.

Relaxan, you say that in FY 2012 we face the prospect of receiving FF dividends. I hope this prospect does not eventuate. Whilst the company is realising a high ROE and seeing incredible growth opportunities I hope they will continue to pass on the dividend and reinvest the money into the business during this capital intensive stage. I will not be disappointed if this is the case.