RJT
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0.00% 0.9¢ rubicon japan trust

2icRubicon Japan are in the process of totally cutting...

  1. boomtime
    94 Posts.
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    09/03/09
    16:56
    Post #: 4882543
    2ic

    Rubicon Japan are in the process of totally cutting themselves from Allco.This happened when AFG went into recievership and the management services will be severed thuis saving RJT millions.

    The 50cents NTA u mentioned is very real and once things settle we should see RJT shareprice rerated upwards imo.

    This is a great buy for the long term imo as the Japanese economy will recover and with deprection of aussie$ against yen we are in great shape
    RJT Price at posting: 0.9¢ Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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