Stone, I always agree with you 100% but I curse the fact I didn't sell any in the 70's, although I picked up a lot more below 40c .. enough said though, let the results speak for themselves.
As Jamie announced in the half year results, rel is bidding on $40Mil of work, although I'm sure this figure is closer to $50Mil now. Even if they only get 40% of these tenders, this will add a further (at minimum) $13Mil to their bottom line recurring revenue stream. Obviously the share price will move nth with further contract wins but the growth potential is enormous (imo).
It was only 12 months ago that stone and I were the only posters on this thread. amazing how many 'experts' have joined since then.
DYOH.
RQL Price at posting:
48.0¢ Sentiment: None Disclosure: Held
