RNC 0.00% 36.5¢ real estate corp limited

No sure why you think the deposit is the lynch pin in this deal....

  1. 127 Posts.
    No sure why you think the deposit is the lynch pin in this deal. Send an email to the REX/Heritage representatives and I'm sure you will have it confirmed that the deposit will be settled by the stated date (15 July).

    While you are at it I suggest you get a detailed update on how they are tracking on raising capital for their intended acquisitions. Biased maybe, but their confidence may encourage you to invest in their feeder fund pre-IPO (w bonus issue). Or you might be tempted to gain additional exposure at a serious discount through RNC.

    If the historic and forecast yields from REX are realistic it is a mystery what Run mgmt have been doing for the past 5 years.
 
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