That's one of the best looking balance sheets I've seen for a bb listed company in a long, long time. RAYS is virtually debt free and has a strong cash position.
This puts RAYS in an enviable position indeed; RAYS competent Management Team can put all their focus into negotiating important contracts and building revenues streams. They don't have to waste time worrying about cash flows to fund operations as is the case with most companies on this exchange.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.