doubt it bud. Eugene got in as rfn is priced as an expensive shell just overpaid for director position...
That is obvious...
Rfn Need at least $250k a quarter to break even as this is being stripped by director fees and running costs..
loyyal was another stupid acquistion by Mr Dunlop.. the last of his legacy on asx and rfn ... no idea what Loyyal stake is worth but also finding a buyer will be tricky for $3.2m ++ without any update on Loyyal business..
anyways...what can we do?
cash also running low..
Loyyal is a shite business for rfn and it needs an acquisition that is cash generating otherwise its game over
doubt it bud. Eugene got in as rfn is priced as an expensive...
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