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Resource America, Inc. Message Board

  • enigma6008 enigma6008 Feb 3, 2012 12:45 PM Flag


    ive listened to the last 17 CCs of REXI and this last one was by far filled with the best news in many years. after the close of the pending sale of most of Apidos, the book value will be 7.50, the co. will have $45 mil in cash plus several more mil soon, and the Board will meet to decide how to deploy all the cash. Undoubtedly, the dividend will be boosted. theyve strengthened the Board with the addition of 2 excellent and experienced men. they are now a very strong financial co., with several platforms for future growth. within a couple months, it is highly probable that the share price will gravitate toward a mark a little under that 7.50 BV.

9.44-0.18(-1.87%)11:33 AMEDT

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