Business news for the stock market
RERi AG: Tested and ready for trading
Reri AG reviews their own corporate values for fair share prices
Osnabrueck (Germany)
(pta031/18.09.2012/17:45 UTC+2)
The RERi AG, based in Osnabrück, is a global solar company that is now about to take off successfully on the stock market.
To make this launch transparent and fair, after its takeover of the Mereo AG, the RERi AG has voluntarily stopped the stock trading in the Open Market for the time being, in order to name the companies realistic value by identifying first its current value.
Since yesterday the shares on the stock exchanges in Frankfurt and Berlin are being traded at a value of 5.45 Euros. The basis for this value, which was determined by an accounting firm, is a price-to-earnings ratio of the minimum profit 1 based on a positive result of 1.6 million Euros in the first full fiscal year.
The real value will in the future be calculated by the outcomes of active trading. Since the price earnings ratios are often set with values of 5 - 10 in the growth industry, this first share price, initiated by the company itself, may offer great potential for investors.
At its recent Extraordinary General Meeeting, the company has also approved a capital increase in order to prepare its access into the Entry Standard.
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Emitter: |
RERi AG Stüvenbrede 4 49084 Osnabrück Germany |
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Contact Person: | Lars Menebröcker | |
Phone: | 089-60037544 | |
E-Mail: | info@reridieaktie.de | |
Website: | www.reridieaktie.de | |
ISIN(s): | DE000A0TGPB1 (Share) | |
Stock Exchange(s): | Free Market in Berlin, Frankfurt |