RAT rubicon america trust
Add to My Watchlist 0.00% ! 0.9¢

RAT now has a bit of breathing space to sell down assets and get...

  1. von wipps
    1,188 Posts.
    clock Created with Sketch.
    14/03/08
    10:29
    Post #: 3468122
    RAT now has a bit of breathing space to sell down assets and get debt back to a more manageable level.

    Under its agreement with Credit Suisse the bank will not make any margin calls during the next 12 months provided that RAT sticks to its revised monthly payment plan.

    This will allow RAT time to realise maximum value from sale of assets.

    RAT directors have previously stated that they plan to buyback $50m of their shares (company is currently capitalised at less than that) after repayment of short term debt.

    Who says RATs cant fly.

    Von.

    RAT Price at posting: 0.0¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

PSC Prospect Resources: Strike Extensions to Nyungu Central Copper Deposit
right-arrow Created with Sketch.
NEWS DealRoom - Gain Access to exclusive capital raises and investment opportunities
right-arrow Created with Sketch.
AVM High grade zone continues to expand at Happy Valley with new intersection of 9.4m at 20.2g/t gold
right-arrow Created with Sketch.
NEWS Couples and cash: How to stay aligned with your finances
right-arrow Created with Sketch.
NEWS Gold producers Alkane and Mandalay make merger official
right-arrow Created with Sketch.
NEWS Power mulls Santa Anna option after cracking into wide zones of niobium, rare earths
right-arrow Created with Sketch.
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
Add to My Watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.