I thought David Darling successfully commercialised Arborgen years ago, before he left and went to PEB
Surely they still not in need of cash?
Printable View
https://www.nzx.com/companies/RBC/announcements/264466
Rubicon’s Chairman, Steve Kasnet, said "We are very pleased that we have secured Rubicon’s funding through fiscal 2016, and we believe that this announcement today should remove any ‘overhang’ in our share price in that regard.
Well, I'm glad that "overhang" has been sorted. Someone call Steve tell him the market hasn't noticed..
Similar statement following share placement in Feb 2014 ...Mr Kasnet, the Chairman of Rubicon, said "We have been pleased with the
positive shareholder feedback we have had from the Libra placement, as
evidenced by the Rubicon share price which has lifted more than 10% since the
announcement." .......Yeah right, then what!
Happy to pick up some more today at 30c.
Disc. Looking for a 100% gain and braced for a possible loss over the next 12 months. The reward of the former far outweighs the risk of the latter IMO.
DYOR.
I see that ACC have been selling out and moving on.
Starting to feel a bit lonely . . . .
Not being very intelligent i wonder if someone can tell me what the sell off by a substansial shareholder actually means and why they would do it?.
I hold a few shares in this company hoping that one day that i will prosper.Looks like a distant dream at the moment.