RCT 0.33% $3.06 reef casino trust

Yes, TB, great fundamentals and well managed. I added a few more...

  1. 3,295 Posts.
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    Yes, TB, great fundamentals and well managed. I added a few more recently - fortunately just befoe the recent SP increase. ... Definitely not very liquid but I wouldn’t be thinking of selling while it appears undervalued, and as talks continue with the govt regarding future expansion (ref: chairmans review). Good to see the increased  evaluation for the casino complex too ($150m). ... Even Morningstar has the stock undervalued ($3.60), and though I wasn’t aware of the school of thought that says casinos perform well in a downturn (I only gamble on the share market .. despite that it’s pleasing to see the growing investor/developer confidence in Cairns (Crystalbrook etc). ... Helped along no doubt by the recent media attention during APEC PNG.


 
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Last
$3.06
Change
-0.010(0.33%)
Mkt cap ! $150.1M
Open High Low Value Volume
$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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Last trade - 14.30pm 28/06/2024 (20 minute delay) ?
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