These shares have to be worth a lot more than $1 based on the fundamentals. Like every other stock on the market at the moment they have been marked down to bargain prices.
Will the market recognise their underlying value, probably not unless some predator lobs in an offer.
In the meantime a nice little dividend earner with great credentials to support earnings. The share price will likely bounce back when the virus disappears off the front page.
All we can hope for is that Kim whatshisname launches a few rockets and dominates the news headlines.
ScoMo is doing such a fantastic job of convincing us we need to suffer that everyone is frightened.
Good time to buy I guess .
RKN Price at posting:
57.5¢ Sentiment: None Disclosure: Held
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