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RF Capital Group 5 Year Rate Reset Cumulative Pref Shs Series B T.RCG.PR.B

Alternate Symbol(s):  GMPFF

RF Capital Group Inc. is a Canada-based wealth management-focused company. The Company operates under the Richardson Wealth brand. The Company operates through two business segments: Wealth Management and Corporate. The Company is focused on providing strategic wealth advice and innovative investment solutions customized for high net worth or ultra-high net worth families and entrepreneurs. The Company has approximately 21 offices across the country. The Company's wholly owned subsidiary is Richardson Wealth Limited (Richardson Wealth).


TSX:RCG.PR.B - Post by User

Comment by astuteinon Nov 21, 2021 4:28pm
258 Views
Post# 34151033

RE:RE:puzzling situation re RF Capital

RE:RE:puzzling situation re RF Capital

Argon12 - I agree with you this is most frustrating stock Ihave ever held.

After one year after paying minority shareholders $ 2.42 to close deal and 27.5 billlion in wealth managment the stock at  $1.98.  Unbeleivable management.

Canaccord offered $2.34 and was prepared to increase offer to $2.75 and management BOD stated offer was to low.

Our shares sit at $ 1.98 and management does nothing.  To invest in shares they should declare dividend for investors but yet  they want to pay ridiculous fees and salary to senior managment and advisors.

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