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Cash 700k - Market Cap 940k . Eyeing up RTO opportunities - Looking Good ???

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Creator double6 Created 4 Feb 2004 Posts 461 Last Post 19 years ago
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Reversus - formerly Transeda (TRA).

Following the sales of it's trading operations, REV has around £700,000 Cash.

With a Market Capitalisation of £940,000 (share price 1.2/1.5p), it is valued only slightly higher than it's Tangible Assets.

With their recent RNS stating they are looking at RTO opportunities, this is a highly speculative punt on my behalf - however, last year saw a glut of Cash Shells take off.

Do your Own Research - this is not a tip to buy the share - just highlighting a company which is possibly undervalued.(IMHO).

Let me know your thoughts....