RWC 1.04% $5.71 reliance worldwide corporation limited

Ann: Half Year Results Announcement, page-8

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  1. 5,312 Posts.
    lightbulb Created with Sketch. 1071
    That is not a vote of confidence at all. A growth stock being 100% sold out by the founding family a few short years after IPO.

    you could argue that was their plan the entire time. IPO and sell off to fund managers as their company would be worth a much higher multiple if listed, as opposed to private.

    Ive never held, just interested in the story. Goodluck all.

 
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