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Reef Casino ( (AU:RCT) ) has shared an update.
Iris Cairns Property Pty Ltd has announced the completion of dispatching its bidder’s statement for an off-market takeover bid for all units in Reef Casino Trust. This move marks a significant step in the takeover process, potentially impacting the company’s market position and stakeholders involved in the Reef Casino Trust.
The most recent analyst rating on (AU:RCT) stock is a Buy with a A$3.50 price target. To see the full list of analyst forecasts on Reef Casino stock, see the AU:RCT Stock Forecast page.
More about Reef Casino
Average Trading Volume: 9,109
Technical Sentiment Signal: Buy
Current Market Cap: A$187.3M
For detailed information about RCT stock, go to TipRanks’ Stock Analysis page.