RE: Almost there £2031 Jul 2019 09:53
The market is only currently valuing RRE at not much more than unrestricted cash cash in bank, just over £18ish per share.
The SP simply HAS to go north given the prolific cash build of £120m pa ( 20k+ bopd ) and nil debt, not forgetting the ticking clock counting down to either another aquisition, a buyback or a divi?