RCY 0.00% 0.7¢ rivercity motorway group

how good is this one, page-6

  1. 615 Posts.
    I think the recent upward move is warranted as this stock has fallen from its $1.00 issue price for no reason other than external factors. By external factors I am referring to the global economy and concerns in this particular sector. Apart from the more-than-expected shares that were issued as part of the dividend reinvestment policy I don't see any other internal reason for the drop in share. I am yet to see any bad news to come from RCY and the possible early opening exemplifies a good company that has just been oversold.



 
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Currently unlisted public company.

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