yes very boring stock is there any other RIET so heavily discounted to NAV as RNY is ? I cant understand the discount as they seem to have this latest loan all but finalised and the next loan to refy is this time next year. Company is making buckets of cash something like $60M in revenue with a NOI of somewere around $20M without going back to check the exact figures. Just hope caps are not rising to much
RNY Price at posting:
14.5¢ Sentiment: Buy Disclosure: Held