RAT 0.00% 0.9¢ rubicon america trust

I emailed ASX about this very issue and they replied as...

  1. 696 Posts.
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    I emailed ASX about this very issue and they replied as follows:

    Thank you for your e-mail.

    Office REIT's unfortunately have been the hardest hit across the board
    with other comparisons e.g - TSO and RJT moving identically to REU and
    RAT. Unfortunately due to the current credit crunch and the fact this
    sector is highly exposed, there have been significant declines as
    investors have chosen to move there investments into safer stocks with
    less risk and exposure in this very unstable and volatile environment.

    REU and RAT have reacting on the back of broader global Economic
    instability. We would Price Query a stock when there is unexplained
    movements in the price but as these have and are moving inline with the
    REIT sector we would not query them. Both trusts have to meet their
    obligations for continuous disclosure with regards to the ASX listing
    rules.

    If we had reason to believe there are issues with regard to the breach
    of the listing rules an investigation would be commenced with a view to
    referring to ASIC. An insider trading case would also commence should we
    believe there has been trading which has benefited from information
    which hasn't been disclosed to the market.

    I own these shares and am disgusted at the lack of news. My husband rang the company and the guy he spoke to was a shareholder himself and *said* he didn't why they were being slammed so much either.
 
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Currently unlisted public company.

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