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**Balance** · 12-01-2018, 12:49 PM

Originally Posted by winner69

Arbogen still on his CV

Rather telling, isn't it?

**Sgt Pepper** · 12-01-2018, 10:32 PM

Could some one wallk me through the implications of a NZ domiciled company having 100% off its assets in a company in the USA which has a IPO.if indeed this is the pathway forward for Rubicon?

**iceman** · 18-01-2018, 09:47 AM

JP Morgan announcement this morning show they have now sold all their RBC holding, which was substantial. This may take a bit of selling pressure of RBC

**beetills** · 18-01-2018, 09:58 AM

Originally Posted by iceman

JP Morgan announcement this morning show they have now sold all their RBC holding, which was substantial. This may take a bit of selling pressure of RBC

Being a novice on sharemarket speak,should we expect the SP to rise,drop or remain steady?

**Xerof** · 18-01-2018, 10:45 AM

Two matters:

JPM held the shares under a Prime Broker Agreement, NOT in their own right.

However, it allows these parasites to 'play' the market with their algo's/robotic trades to their hearts content, shorting if they deem appropriate, or simply churn the stocks for minimal gains, until such time as the real owner quits them. At that point they must have all the stock to give back, which can sometimes create a magnificent short squeeze. I have witnessed a couple of those - DIL was one

**Leftfield** · 18-01-2018, 11:38 AM

Originally Posted by beetills

Being a novice on sharemarket speak,should we expect the SP to rise,drop or remain steady?

IMHO the TA chart shows a classic start of an uptrend. Large volumes exiting/buying removing the 'overhang' well explained other posters on this site, and more recently a 'golden cross' as the short term MA moves up through the long term MA.

For the SP to rise markedly from this point the market will need favourable news from the company following it's recent restructuring and climb into profit. Will this happen? Time will tell..

Attachment 9416

Disc - DYOR I'm biased, and holding.

**ari** · 19-01-2018, 11:10 AM

Originally Posted by Left field

Thanks for posting. Can't help thinking RBC and Arbogen 'well positioned' for the NZ Govt's tree planting plans.
Waiting patiently for more info' on RBC's results and plans.

Appears Labour are pulling back on 1 billion trees over 10 years.....(only 270,000 per day!) ....they have just realised cutting out foreign investors in this area will have huge effect.
https://www.stuff.co.nz/business/bet...eplanting-plan