RQL
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0.00% 26.0¢ resource equipment ltd

Too much cash being spent on investment for my liking. I love a...

  1. Zissou
    1,631 Posts.
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    29/11/12
    21:52
    Post #: 11127653
    Too much cash being spent on investment for my liking. I love a growing business, but they didn't get a lot of incremental profit (circa $1m) over the past 12 months for the $36m they spent on investment. I don't deny that it is turning up in revenue, but if I am honest, I want it all - revenue and profits!
    RQL Price at posting: 31.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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