RJT 0.00% 0.9¢ rubicon japan trust

goldman sachs now own nearly ten percent, page-5

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    If a company has a large shareholder eg.12%. The company views this institution as quite important relationship in terms of a potential source of capital, rather than you and I holding our $2 worth of shares. Yes people on this hot copper board have spoken to investor relation contacts at the Rubicons who have responded to questions. IMO the harsh reality is they probably don't care too much about the small shareholders hassling them with questions, they just feed us a few answers to keep their reputaion all nice and fluffy.
    You can bet though they see Goldman Sachs as an important source of capital, and a relationship they need to keep on good terms with. The way you do that is keep them fully informed with the everything in the company in an honest fashion. Also it is becoming a big bet for Goldmans, so you can bet they have had plenty of in depth discussions with management before they put on such a bet, obviously they don't have many concerns.
    So I see it as a positive. Who were the sellers? Well I think the odd property trust mandate as has probably caused them to sell. Lets say an impatient investment consultant decides to get out of the LPT sector and wants out for a $100 m property mandate. Say the property manager has 3% in RJT. They would HAVE to sell the line. Perhaps that is how Goldmans picked up a big line last week?
 
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Currently unlisted public company.

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