RJT 0.00% 0.9¢ rubicon japan trust

Possibilty realise1. t/o -GS vs. BNB 40% 40c2. Asset sale to BNB...

  1. 260 Posts.
    Possibilty
    realise
    1. t/o -GS vs. BNB 40% 40c
    2. Asset sale to BNB 30% 40c
    3. Banks foreclose 30% 10c (in 2 yrs)

    I think BNB have been wanting to go but with the markets skittishness they are making sure all their defences are tight beore launching. I think they will move soon before someone else sees the opprtunity.

    Buy 20% , buy out AFG RE rights and then bid

    Maybe even a scrip offer could work (although BJT is cheap too at the mo
 
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Currently unlisted public company.

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