RAT 0.00% 0.9¢ rubicon america trust

is this news fatal, page-5

  1. 6,716 Posts.
    well in the short term, the alarming thing is this breach of lending covenants which could make them broke, its a bigger worry than the NTA. If they are put into receivership, that 40c ( or whatever it is ) NTA will completely evaporate in a fire-sale of assets .
 
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