CIY 0.00% 3.6¢ city pacific limited

whats going on, page-3

  1. 42 Posts.
    Not looking good

    http://business.smh.com.au/business/citypac-halts-distributions-from-fund-20080815-3wc7.html

    "Mr Sullivan would not guarantee distributions for unit holders if they did not accept the offer [Preference share offer]. It is not known how City Pacific will fund the dividends."
 
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