Reinet Investments traded at 46,200.00 this Wednesday June 24th, decreasing 800.00 or 1.70 percent since the previous trading session. Looking back, over the last four weeks, Reinet Investments lost 18.95 percent. Over the last 12 months, its price fell by 8.45 percent. Looking ahead, we forecast Reinet Investments to be priced at 46,046.50 by the end of this quarter and at 41,947.46 in one year, according to Trading Economics global macro models projections and analysts expectations.
Reinet Investments SCA is a Luxembourg-based securitization vehicle that is listed on the Luxembourg and Johannesburg Stock Exchanges. The Company is established as a regulated securitization vehicle engaged in long-term capital growth investments. Reinet Investments SCA allows its shareholders to participate indirectly in the portfolio of assets held through its wholly owned subsidiary Reinet Fund SCA FIS, a specialized investment fund also incorporated in Luxembourg. The Company's portfolio consists of investments in the listed company British American Tobacco Plc, cash and liquid funds and other assets. Reinet Investments SCA is managed by Reinet Investments Manager SA.