RQL 0.00% 26.0¢ resource equipment ltd

70c support level broken, page-5

  1. 3,092 Posts.
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    I have no knowledge of charts or support levels or marozoubu candles although I am familiar with the company's quantitative and qualitative fundamentals and I calculate fair value at just under 90c.

    At the current price anyone buying in would have a margin of safety of around 25%, which would represent a great purchase in a little known, superbly run company with incredible prospects.

    I do not expect this company to remain little known for long and believe the end of year financial report will act as the catalyst for this company to be known to all serious investors across Australia.



 
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Currently unlisted public company.

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