Aleast now we are heading in right directions. $1.3M in cash almost evaluate to 3 cents per share. Doubling of share price from where it currently trading. Reverse corp need to get some part of pie from Government National broadband network. There over $50B on offer surely they can find something there, reversing charges of call should be one aspect of business. There opportunity for REF to invest in other parts of telecommunicatin network, restore it once huge return on equity.
REF Price at posting:
1.4¢ Sentiment: LT Buy Disclosure: Held