RAT 0.00% 0.9¢ rubicon america trust

REU dipped under 70c for the first time.Anyone selling now is...

  1. 208 Posts.
    REU dipped under 70c for the first time.

    Anyone selling now is selling at losses.

    As for the buy back - ppfftt is it in operation or what?

    Seems to be no specific news as to why there should be this continued slide in the stock price.

    Panic sellers look to be in the fray. A bottom hasn't been reached for REU or RAT.

    REU looked to have bottomed a couple of weeks ago around the 75-80c mark but now under 70c so who knows how low it can go.

    Perhaps Rubicon are waiting for the stock to go even lower before getting on with the buyback - lower stock price makes their buyback in terms of stock bought even more?

    RJT is holding up. Will drop to mid 70's after ex-div in the end of December one would think.
 
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