This has been on the cards for a while. If you haven't been...

This has been on the cards for a while. If you haven't been expecting this then you have been blind.

As far as RJT goes doesn't change too much. RJT still has barely enough income to cover financing costs. Its highly geared and is almost breaching its debt covenants.

This stock is rubbish. But at the same time I am watching this because it is CHEAP rubbish. And out of that cheap rubbish there might be something of value. If it drops back to 0.8c then I might look at buying.