RNC 0.00% 36.5¢ real estate corp limited

if deal not happen...

  1. 236 Posts.
    did a few quick calcs including some hypotheticals on what rnc will look like if no deal. i think annual profit after tax could be 3 mill annually. 130 million shares. eps 2.3c. pe about 7. 1c divvy with 40% payout ratio. at 16c

    pretty rough but any thoughts.

    at 16c its OK but if deal doesnt happen there will be a sell off and anything under 10c will prob be a bargain. always a possibility of another tilt at them also.
 
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