RQL 0.00% 26.0¢ resource equipment ltd

valuation has just increased

  1. 3,092 Posts.
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    I hope that everyone who visits this forum will take the necessary time to read very carefully the HY accounts and presentation.

    To me they represent a perfect example of how the management of a company should communicate with its shareholders, how a business should be run and how acquisitions of other businesses should be chosen and funded.

    Given the substantial increases in revenue and profit, the 6 months of consecutive monthly revenue records and the earnings which will be contributed from the DSA purchase and also increased work from the Queensland floods my valuation of the company's shares has increased.

    Fair Value per share is now at 89c.
 
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Currently unlisted public company.

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