RFL rubik financial limited
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The balance sheet is sickening - they will need to do a major...

  1. imran khan
    785 Posts.
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    26/02/15
    20:19
    Post #: 14825769
    The balance sheet is sickening - they will need to do a major capital raising, no question,

    You would have to seriously question the $66m in intangibles - which leaves Net tangible assets of negative $11m.

    And they have current borrowings of $7m and will need to fund $12m in earnouts
    RFL Price at posting: 16.5¢ Sentiment: Sell Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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