AIM listed recruitment group Rethink (RTG) has not covered me in glory to date. I tipped the shares at 9.125p in May 2011 and today, after a profits warning, they stand at 7p valuing the company at £6.7 million. Okay there have been a few dividends along the way but this is a valid chance for my cross-dressing critics to have a pop at me. But I have just had a quick drink with CEO Jon Butterfield (Floreat Floreat Schola Warwicensis) and I believe that the market has over-reacted and the shares are dirt cheap – this could be an excellent recovery play among the penny shares.
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