RAT 0.00% 0.9¢ rubicon america trust

g'day NathI believe the stock is holding up nicely and someone...

  1. 103 Posts.
    g'day Nath

    I believe the stock is holding up nicely and someone is definitely buying - me included, but it appears to be mopping up a continuous seller.

    Not sure exactly what’s going on (could even be rat themselves buying back shares - wasn't huge volumes about 340K worth). Shareholders will just have to wait till the outcome of the Miami property sale.

    Should be around mid April.

    I believe a success will see the stock close in on 20 cents, as the risk factors are reduced and the 50 or so million will give RAT some more breathing space for payments I think up until Jun.

    Regards

    Zip
 
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