RAT 0.00% 0.9¢ rubicon america trust

Now last december, RAT announced a distribution of 3c(?) a unit,...

  1. 6,716 Posts.
    Now last december, RAT announced a distribution of 3c(?) a unit, and it traded ex-entitlement on about December 23 and then in January or February they said they were not going to pay it.

    Now the question is, are the people who were shareholders in RAT at the record date Dec 31 2007, still entitled to that distribution ? If RAT is wound up and there is any money left over, do the shareholders entitled to that distribution have any priority ahead of a return of residual capital to current shareholders ?
 
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Currently unlisted public company.

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