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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Ray Rueb who wrote (20379)12/30/2004 6:52:30 PM
From: Spekulatius  Read Replies (2) | Respond to of 78595
 
re RANGY stock swap -
it appears the stock swap with Aflease is a reason why RNAGY has turned south. Apparently Aflease is selling the Randgold stocks they received putting pressure on the stock. The value of Aflease assets is unclear to me. The uranium assets sound interesting. As I suspected RANGY is a dog with a few fleas but nothing so far t let's me reconsider my position. It is obvious that there is very little interest in this obscure stock, not even from the goldbucks. Information is hard to get, which means that quantitative value screeners might miss this stock. In my view at least, this is a strong positive. I hope I don't sound like a pumper here <g>.

sec.gov

Disclosure: Added a few shares today.