When I saw this news this morning I thought of you Boffa.... seems we have been a bit of a lone voice with respect to the underlying value of rental businesses.... that value that agency principals suddenly realise is there when times are tough.... when the "star" "gun" sales agents can no longer bring in the "big" sales.... suddenly its the property management portfolio thats carrying everyone in the office..... (always has been this way and always will be).... none the less, I am very happy for all RNC holders today.... ok its not the $1.00 many paid in the IPO, but its a really big whack of positive news for RUN this year and a positive patch of green in a pretty ugly market generally.....
Well done Boffa!
RNC Price at posting:
22.0¢ Sentiment: LT Buy Disclosure: Not Held
