Forum Topics RCL RCL Investor Update

Pinned straw:

Added 10 months ago

This non-price sensitive update kind of snuck by me.

Not much new information but interestingly are forecasting positive operating cashflow for 2024. They also suggest margins (at least in VET-in-schools should start to expand.

New CEO in place. Note Skelton left A2B under controversial circumstances still looking at linked in he's been on a holiday and had some time to reflect and I suspect he has significant ambitions for RCL.

Market seems to like it with sellers having all but disappeared.

I'm cognisant of the likelihood of a capital raise requirement in the near future, new CEO would probably appreciate the headroom as well.

They probably don't need that much (maybe 2-3 million) and I hope there is the patience / market opportunity to do it at higher than todays prices.

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AlphaAngle
9 months ago

Inevitable capital raise announced.

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