Saturday, 11 February 2017

Rurelec from Despair to Euphoria

   As usual timing has been of critical importance . This company having survived Arbitration and almost Liquidation and has finally come good .11/02/17
With a NAV of 7.2p and current cost of 2p ,enjoy the ride to somewhere near reality .
The latest RNS gives clear indicators that the 7p may well be an underestimate .
Happy days ahead for Michael & I .Another bottle of Champagne may soon be in the cooler awaiting my attention .
It may be a while before the Others realise the potential here and the upturn will not be a straight line ,especially with few free float shares .6.5p is the current valuation where we can aim .That of course will be under review as news flows and hopefully more cash.

    And May

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