RECM & Calibre: Worth a flutter
RAC’s current price looks tempting, but finding enough willing sellers in the open market might not be that easy
New-look RECM & Calibre (RAC) appears to be worth a flutter now that its investment focus has been narrowed down to a single big bet on alternative gaming group Goldrush.
Listed in 2010, RAC has enjoyed great success — most notably cashing in its unlisted and indirect stake in health retailer Dis-Chem — but has also endured some disasters, including an ill-fated charge into Distribution & Warehousing Network and a brief flirtation with specialist retailer CNA...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.