RNC 0.00% 36.5¢ real estate corp limited

the train is leaving the station, page-3

  1. 105 Posts.
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    Dear Mr Blue balls

    No I don't have any idea however I would say that the Dividend reinvestment plan @20cents is cheap. They announced that they were issuing shares for the deposit they were holding of $4 mil so it sounds like the deal is off which is a good thing.

    A change in Govt should help the property market in general other than that once a share passes and trades above 20cents it no longer fly's under the radar so you are also probably right in a rerating.

    That is my best summation

    Regards
    Boffa
 
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