shares trading at record lows

City Pacific Ltd (CIY) shares are trading at record lows at around only 6.6 cents.

If you were to buy 100,000 shares that would cost only you $6,600 plus Brokerage.

Some excellent news may be around the corner with the sale of major assets such as the Paradise Resort at Surfers Paradise (under negotiation) which is held by CP1 Ltd triggering repayment if CIY and CBA loans.

City Pacific Ltd could sell the rights to manage it's mortgage trusts to Real Estate Capital Partners Ltd (RECP). RECP is an experienced fund manager that specialises in real estate based investments. They (RECP) have been acquiring several real estate trusts in recent months.