Who knows ,oppietrader.
# It is trading well below asset backing
# "massive" cash holding ($13m)
# No debt.
# Good cash flow.
# Magnificent profit margins.
# Frugal board (look at the miserable directors salaries)
# No hidden lending or other monkey business so pervasive in Chinese controlled outfits (RIS is Singaporean btw)
Have been holding from 5c....Have no specific target , but such a good business to dump.....Perhaps waiting for some dividend or capital return.
Who knows ,oppietrader. # It is trading well below asset backing...
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