Yes, I've had this one on a watchlist for ages from 20c down. Seems to have a good story and the Chairman has had enormous experience and success in the debt recovery industry previously. If I remember correctly they have tried to amalgamate a series of smaller purchases in a very short time and choked. The market has given them a flogging as a result coming so hard on the heels of other financial industry service companies like Harts etc.
If they pull of some decent results and get the finances in order there could be some big rewards here from this very low base. Despite the price plunging and there being a lot of scrip, the majority of holders SEEM to have stuck tight...
I do not hold atm but looking closely.
btw for nkarp - check the dates on the posts. I think you are thinking of someone else.
RMG Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
