REF reverse corp limited

reverse holdings

  1. 10,919 Posts.
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    Let me say that Reverse corp will never trade at $6.00 that it traded 4 years ago when it made a $20 mill net profit.
    But I would also say at todays price it is way undervalued.
    In essence its present market cap of $4mill is not far off cash backing.Present PE ratio 3.I am also told it will grow earnings again from here on.Also many of the substantial holders paid well above these prices.Have a look for youself but the price fall in my view is way overdone.
 
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