RNC
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0.00% 36.5¢ real estate corp limited

For the life of me I can't see how they can value RNC at these...

  1. DirkKyut
    761 Posts.
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    27/06/12
    17:06
    Post #: 10360817
    For the life of me I can't see how they can value RNC at these levels. A large discount exists because the markets agrees with me. I can't see the banks lending for a purchase on this multiple or HAL being able to get an IPO away in this market. If you don't believe me look up how many IPOs have happened so far this year!
    RNC Price at posting: 16.5¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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