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Replies to #304 on RR ADR (RYCEY)
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chaostrader

06/07/21 4:19 PM

#305 RE: Duke2484 #304

True, However, a good majority of the downtrend had to do with large funds liquidating being the fund was no longer meeting income objectives for its shareholders. Post-covid we should see RR going over $5.
Good chance dividend will be reinstated, However, don't be surprised if RR announces a capital placement offering prior especially if unwritting environment is favorable compare to Oct 2020 bond offering.
JMO