RFL rubik financial limited

it's a mystery

  1. 512 Posts.
    lightbulb Created with Sketch. 34
    why the sell off? No volume admittedly but a remarkable 25% collapse in the SP.
    I would have thought the annual report was good or as expected. Recurring revenue up 46%, increasing profits and a positive outlook forecast. The management appear quality and pro shareholders. The only negative that I can see is the founding shareholders reducing their holdings. But this is a focussed company in expansion mode and profitability is likely to drastically improve. A top 300 ASX company ambition too.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.