interesting comments to readI think combination of the 3 trusts...

interesting comments to read

I think combination of the 3 trusts is not on the cards

these are 3 separate trusts
with 3 separate geographical areas
with 3 different sets of risks etc

Personally I feel RAT has some long term currency factors, but if the yields drops by 20% say due to currency changes in 6 - 8 years, this this should really only cost a few percent discount on the price per year over the next few years

With REU, the Euro to AUD is really not changed much. Both are strong versus the USD

I feel these currency risks are even less with REU
yet REU is on a worse PE ratio


Interesting to see what the buyback will bring

but 50m shares, over say 250 trading days, means some 200,000 shares per day, which is more than the usual volumes


anyway

I think the sellers will probably hold the price at about 73c-75c for the moment

as far as RJT goes, I could not discuss because I am not up to date with their financials


ij