RCT 0.33% $3.06 reef casino trust

Agreed sisyphus - although the price can be volatile i'm happy...

  1. 2 Posts.

    Agreed sisyphus - although the price can be volatile i'm happy to be a long term holder and enjoy that juicy 7+% dividend


    Also very attractive is their operating margin - not many businesses have such a great monopoly to keep 20+% of revenue


    For me the fundamentals are solid so it's worth sitting on this until some news pushes the price up.  I note it seems to go against the general perceived economic direction.... there is an old school belief that casinos and the like do well in an economic downturn

 
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$3.06
Change
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$2.89 $3.06 $2.89 $5.809K 1.915K

Buyers (Bids)

No. Vol. Price($)
1 170 $2.98
 

Sellers (Offers)

Price($) Vol. No.
$3.06 2600 1
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