Yes they tried to takeover rnc about 5 years ago, that was a different business model
and they were looking to be essentially a pure rentroll business.
Rentroll is now the smallest sector of their business.
The company has met with asx, is paying dividends and making substantial profits. 100 staff and not a 1 trick pony.
Compared to most recent listings this is an actual profitable business on cheap pricing dynamics and
substantial growth prospects.
The company says it is being conservative with forecasts of profits of 10 mill pa
No preipo or ipo is ever guaranteed to list
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