Resource Capital Gold Corp GDPEF

Metals & Mining Gold Industrial Metals & Minerals

RF Capital Group Inc is a financial services firm. The company's operating segment includes Wealth Management and Corporate. It generates maximum revenue from the Wealth Management segment. The operations segment provides carrying broker services to third parties, including trade execution, clearing, and settlement services.

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Resource Capital Gold Corp > Possible 3 cent buyout

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Comment by LeftBookon Jun 03, 2019 9:36pm

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Post# 29795935

RE:RE:RE:Possible 3 cent buyout

There are 4 bidders in the current process.

It is hard to say if there is any wisdom in the 1c trades.
The traders that sold at 1c priced $31M of assets and $20M of tax credits at $20.05M.

$20.05 assets + tax credits
-18.3 liabilities
= $1.75M

1.75/175M = 1c

The per share book value has been roughly constant for the past two years.
June 2017 6.9c
June 2018 7.5c
June 2019 6.2c

Tax credits

2017 $15.1M

2018 $20.8M

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