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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
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Post by astuteinon May 04, 2021 11:35pm
335 Views
Post# 33129997

$ 2.21 Price after cannacord offers to increase $ 2.30

$ 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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