REU 0.00% 0.5¢ rubicon europe trust group

If you're into REU long term 3+years then I think risk of...

  1. 208 Posts.
    If you're into REU long term 3+years then I think risk of further downside eg under 70c is pretty remote.

    Only reason REU would suddenly head south would be a dividend cut (which has been discounted by Rubicon anyway), there's a massive AUD/Euro revaluation (unlikely as Euro would benefit from any USD weakness) or something in REU's loan portfolio goes sour.

    In any even, 75c is dirt cheap with limited downside paying you 14% a year fully tax deferred while you wait for the share price to move up.

    A no brainer really. Pity I got in in the mid 80c's but hey, still a 12% yield where I got most of my stock at and it'll be back there within a year or so.
 
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Currently unlisted public company.

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