RVR 0.00% 7.3¢ red river resources limited

Ann: Ceasing to be a substantial holder, page-27

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  1. 337 Posts.
    I'm not sure what you're implying exactly.

    The company acknowledges that its facing immediate liquidity problems. On the same day it prevented unit-holders withdrawing from the fund, it began to liquidate large parts of its RVR holdings. It seems a logical conclusion that Ausbil is selling its holdings to meet its redemption commitments.

    The 26 and 28 April Anns would presumably have created additional demand for Ausbil to sell into.
 
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