traders impatient for company to spend the $$, page-2

If you remember back to January share fell from high 9 cents mark to around 7 cents. REF released it half year report jump to 11 cents in day that was due to increase in cash on balance sheet and improving business. REF has fallen in recent week and months from high 16 cents, any announment that there business is continue to imporve and cash has increased, could easy go to 20 cents. Market capital of $11M price to earning of around 7 and $5M in cash there not alot of companies in this end of market that are even profitable.