RNC 0.00% 36.5¢ real estate corp limited

news from afr, page-6

  1. 1,454 Posts.
    lightbulb Created with Sketch. 48
    This is quite strange really that stock has just stalled at 22 cents,

    Even if there are terms and conditions attached to the purchase, there is a takeover offer in play - all they need is finance approved and you get a nearly 100% gain, there is just too much gap between this price and the target price with the minimality of requirement of achieving so.

    Wouldn't you say its a safe bet to say that you can earn nearly 100% for a potential risk of falling of say 50% if the takeover offer was removed.
 
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