CIY
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0.00% 3.6¢ city pacific limited

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  1. brenosaur
    42 Posts.
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    16/08/08
    10:41
    Post #: 4116617
    Not looking good

    http://business.smh.com.au/business/citypac-halts-distributions-from-fund-20080815-3wc7.html

    "Mr Sullivan would not guarantee distributions for unit holders if they did not accept the offer [Preference share offer]. It is not known how City Pacific will fund the dividends."
    CIY Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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