RNY 0.00% 0.5¢ rny property trust

disappointing result, page-3

  1. 41 Posts.
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    I sold most of my holding at an average price of 13 cents, because:
    -The probability of retaining the UBS properties has increased
    -But the probability of doing so without a placement or pro rata share issue has decreased
    -The probability of a wind- up of the trust has decreased from low to very low
    -The price went up when the pending financial results were obviously going to be worse than the previous half
    -There are better value stocks

    This stock is ok for a very small holding though.
 
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Currently unlisted public company.

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