XRF xrf scientific limited

Ann: 2017 AGM CEO Presentation, page-4

  1. 48 Posts.
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    The investment of the last few years looks to be paying off. They had a decent amount of cash as the cycle turned a few years ago ($6mil from memory), seemed to have invested it prudently and luckily also re-freshed their machines before the downturn.
    Not sure of the scale of the markets they sell into, so no idea on growth posssiblities. I think they are a good example of a well managed company (directors reinvesting their own money, no extravagant salaries, investments that seem to be following a plan) now to see how it pays off especially the expansion in the precious metals department.
 
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