RJT 0.00% 0.9¢ rubicon japan trust

allco in receivership, page-5

  1. 2ic
    5,822 Posts.
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    I think it will relist after they sort out the implications of the Trust Management. RJT is a seperate vehicle with on the "contracted" management company in receivership not the Trust itself. If the management company stays in receivership I guess the Receivers will sell the management rights to another party, perhaps even back to the Trusts themselves?? This action would increase the chance of a takeover for the residual asset value in the trusts. Still an unclear and obviously high risk play but NTA backing is enticing.

    goodluck
 
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