OTCQX:RPMGD - Post by User
Post by
Fullplateon Sep 29, 2017 8:17pm
219 Views
Post# 26761420
Now Trading at Book Value
Now Trading at Book ValueAnother consequence of the abysmal share price is that you can now buy Rye Patch at book value. That's a steal, unless you think they can't make a go of it. The flip side - if you want to bail, you are selling these valuable assets to some schmoe for the depreciated value of the investment. That's definitely a bad deal for the seller. So given these circumstances, is anybody here stepping up to buy more? I'm thinking about it. Ironically, with the drop in share price, I am not nearly so much overweight than I was a month or two ago. Ugh.