From value trap to cigar butt – Reverse Corp (REF)

I first discovered Reverse Corp a couple of years ago, after the company collapsed from it’s $6 price down to a few cents.  As less people used payphones and prepaid Telstra mobiles, the business deteriorated badly to the point where it made a small loss in 2012.  In FY13, the business was able to post a small profit, and … More From value trap to cigar butt – Reverse Corp (REF)