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RIFCO Inc. V.RFC

Financial Services Credit Services
RIFCO Inc is an auto-purchase finance company. Its subsidiaries are engaged in vehicle financing. The company provides non-traditional vehicle financing to motorists through a growing network of select new and used vehicle retailers. Its auto financing is available to both franchise and independent dealers who want to create a partnership. The company has its operation in all provinces in Canada except Quebec.


TSXV:RFC - Post by User

RIFCO Inc. > Drop then uptake
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Post by Lawyerupon Dec 14, 2020 6:44pm
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Post# 32105453

Drop then uptake

Drop then uptakeShort term I expected a drop to around $1.10 then an uptake once investors read that the board and CEO have been replaced.  Interim CEO until they find a competent replacement for the old one.  Things look positive going forward so I expect we will be much higher six months from now.  The new board looks much more positive than what they replaced.  Just my two cents.  All the best, Charlie.
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