RCU 0.00% 4.3¢ real estate capital partners usa property trust

Ann: Appendix 4D and Half Year Report , page-11

  1. LZA
    1,858 Posts.
    well, lets see; under this deal the NTA goes from 20 cents to 11 cents - what a great deal for us!?

    the EPS goes from around 2 cents not so long ago to .75c - where is the attraction ??

    4.2 mil in fees just for this capital raising !! yet they cant find a couple of mil to pay debts due. hmmmmmmm.

    Basically they have picked up the RR assets at a 30% discount and then given us a 65% share dilution at a lousy price.

    pretty clear to see whom they are looking after.

    Next they will go after another deal and take the price down further...........no thanks
 
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