Sstar wrote:I guess it could each 90 in no time. REXP is an illiquid share and any serious buying push will make it end up above 100/=. On Fundamental valuation this share is worth more than 100/=, but you will have to wait until market understand the real valuation 'Keynes Theory'. I hold shares in REXP.
My previous post about Richard Pieris Exports (REXP);
http://forum.srilankaequity.com/t33125-what-do-you-think-of-richard-pieris-exports?highlight=what+do+you+think+of+Richard+Pieris+export
You are right. In some period this stock too didn't have much liquidity. Good luck!