RAT
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0.00% 0.9¢ rubicon america trust

high risk

  1. fantazzyd
    3,050 Posts.
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    13/08/08
    10:44
    Post #: 4104335
    Reading today announcement and confirmation that RAT will not be in a position to meet its required debt repayment by 15 August of $US114M in full.

    In my opinion there is a real chance it go into voluntary administration if it cant get $US60M or get an extendsion.

    Definitely some very brave holders RAT.

    Any opinion how RAT will get out of this situation?
    RAT Price at posting: 0.0¢ Sentiment: Sell Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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