REU rubicon europe trust group
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current nta per share is still over 70c, page-15

  1. jiblet
    103 Posts.
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    06/08/08
    23:12
    Post #: 4082499
    ijudge we do know the answer to whether the borrower can refinance. Sadly that answer is no. If REU loaned in the 80-90% tranche and the property has fallen 15% REU is 50% underwater anyway. There aren't too many banks around that will lend 80-90% these days let alone 50%!
    REU Price at posting: 0.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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