Agree with all of the above. Particularly with Cat Lady's assessment.
RHG's performance has been good lately, and there seems to be no downside at this stage, partly because of WAM's intervention when someone tried to acquire cheaply.
Upside is possible if true NTA is actually higher, e.g. value of property portfolio improving as the property/mortgage market improves. I think it likely that a good/reasonable premium will be paid if someone really wants to acquire the portfolio. Of course that is no consolation to those who bought this dud in the IPO.
SP is unlikely to go up at divvy time as it is in wind down mode, as someone has already explained.
RHG Price at posting:
40.5¢ Sentiment: Hold Disclosure: Held
