REF reverse corp limited

Ann: Dividend/Distribution - REF, page-6

  1. 650 Posts.
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    Hi Heraclitus, Yes management/board are taking a slow, conservative approach to an acquisition/investment (something which they can leverage their existing infrastructure) but we should expect something this year. I spoke to Charles Slaughter a few weeks ago and it could be the case of buying a stake in a business rather than a complete acquisition.
    They are also close to further purchases to scale up the contact lens business.
    I attended the AGM recently and was impressed with Charles, answered all questions openly and honestly and with good detail.
 
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