Post by
argon12 on Dec 28, 2021 8:17pm
RCG TRADING NEAR ALL TIME LOW
Leadership is weak.
The company can't even afford to pay a dividend because they pay executives and board members ridiculous size salaries and fee on a company with a mkt cap of $275 million.
The Richardson name meant something when old man George ran the show. Now it's controlled by the trust fund babies of the Richardson family and they leave the operations in charge to a over paid executive.
If they were smart they should pivot and look for a true entrepreneur to grow this business.
So sick of this $hit.
Comment by
matt2018 on Dec 29, 2021 11:37am
maybe time to take the company private? with large chunk they alraedy own, would not cost much with a little premium down here. sava a lot of money in fee's to keep it public. investor sentiment seems to be way down. no serious offer from everyone else to speak of. imo
Comment by
astutein on Jan 05, 2022 12:03pm
Most frustrating stock I have ever owned. wealth management in last year increased by 8 nbillion and yet our stock drops to all time low. RCG refused to put of by Canaccord to vote by shareholders ays RCG undervalued. Canaccord was willing topay us $2.75. In best interests of shareholders BOd should re-initiate bid and accept and put to .vote.