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RENN Fund Inc RCG

Financial Services Asset Management
RENN Fund, Inc. (the Fund) is a registered, non-diversified, closed-end management investment company. The investment objective of the Fund is to provide shareholders with above-market rates of return through capital appreciation and income by investment process that invests in a variety of financial instruments, including common stocks, fixed income and other instruments. In addition, the Fund may sell short stocks, exchange traded funds and exchange traded notes. It invests in various sectors, including aerospace and defense; communication services; marine shipping; metal mining; medicinal chemicals and botanical products; oil and gas; other financial investment activities; real estate; securities and commodity exchanges; technology services; surgical and medical instruments and apparatus, and securities, commodity contracts and other financial investments and related activities. Horizon Kinetics Asset Management LLC is the investment advisor of the Fund.


NYSEAM:RCG - Post by User

RENN Fund Inc > puzzling situation re RF Capital
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Post by astuteinon Jun 23, 2021 11:58am
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Post# 33434541

puzzling situation re RF Capital

puzzling situation re RF Capital

Can anyone explain why stock should be trading at $2.00.   Cannacord offered $2.34 and managment stated offer  NOT in best interests of shareholders.  cannacord stated it was prepared to increase offer substantially and Board refused.

Stock is trading at $ 2.00and no interest.

Monthly managed investments is at all time  high.

What is going on with my investment and extremely disappointed with CEO and promises.

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