REA probably promises more

Reading across from MP Evans (MPE) and Anglo Eastern (AEP) Rea (RE.) is doing well which to me means its debts are very thoroughly under control.

I asked Richard Robinow as to whether a dividend might eventuate. He quite understandably declined to specify. But he advised that when the interims come out (not long now) REA might be able to give some helpful advice. Certainly a resumption of dividends on the REA ordinaries would help the share price, now 90p, sharply higher. Further, a takeover bid cannot be ruled out.