RXP rxp services limited

Time will tell. Hopefully for holders (myself included), the...

  1. 377 Posts.
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    Time will tell. Hopefully for holders (myself included), the management learned their lessons from this period and returns RXP to growth.

    The fact that nobody trusts them after the downgrades is more or less reflected in the low PE.

    There could be more downside from here of course, but they have also made impressive recoveries in the past between 2014 and 2016 it rallied about 200% from its lows.

    First day after report was positive, but that could be random market "buy/sell first, ask questions later" nonsense, so probably have to wait and see where this is headed in the next few weeks. For what it's worth latest price target average is $0.74.
 
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