I had a quick look at report.
RDF is at fair value $3, if not a bit overpriced. I was hoping they would be in a position to pay a dividend, if they dont do it soon then the market will hammer the price. And yes next year is too far away.
The business looks strong but shareholders need a return. These guys have a bad track record from years ago, so it wont take much to spook any of the fundies that have taken a stake at present.
I still 75% of my initial investment, and will continue to hold but not for too much longer without a divi. Then again a share split might be in order.
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