Stock to watch: REX
Recommendation: BUY -- Share price at the moment of the report was $1.08
Comment:
- Strong Growth Outlook
- In addition to strong fundamentals of the company, REX also in the market buying back 12 million shares. This is a good indication that REX is undervalued.
- Management interest - Directors increased stake in the company
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Disclosure: I own REX, bought in at $1.055
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