RNC 0.00% 36.5¢ real estate corp limited

incompetent, page-8

  1. 94 Posts.
    re: rnc Been going over the companies books. Looks like a promising stock now that decentralization has happened. Presuming attrition rate can continue to be stabilized and organic growth starts to kick in, they should be profitable this qtr. Cher mentioned in a media announcement BD teams had signed up over 400 managements in the prior 3 months. Big upside potential on their commission revenue too: half year - 750k from 12.4m gross rev. Way too low. They need to be drilling agents to get better sale referral comm's.

    I am a very lost in regards to their capital raising intentions though.

    Anyone with a good understanding of capital raising be able to help me out on how it might impact the company/share price???

    They plan to raise 6 to 10 mill in the June2007 period

 
watchlist Created with Sketch. Add RNC (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.