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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 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

Post by argon12on May 30, 2022 1:11pm
406 Views
Post# 34717328

Normal Course Issuer Bid

Normal Course Issuer BidThis was recently announced. Yet we have not seen any share buybacks even at this new low level

You would think this self serving BOD would use this opportunity to take advantage of this low price.

Sandy Riley reminds me of Bernie Sanders.

Old and irrelevant. No BOD leadership.


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