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Bullboard - Stock Discussion Forum RENN Fund Inc RCG

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... see more

NYSEAM:RCG - Post Discussion

RENN Fund Inc > $ 2.21 Price after cannacord offers to increase $ 2.30
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Post by astutein on May 04, 2021 11:35pm

$ 2.21 Price after cannacord offers to increase $ 2.30

How do you explain share price after Cannacord  offers to materially increase $ 2.30 initial offer?

Assets under administration all time high.

If share price does not increase,  should they present offer to shareholders?

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