Rubicon

[t.rexjr]

Seat belt now tightened a notch - ready for this little rocket to start taking off.

Feel we still need some guidence before this vessel goes too far. I'm finding it a hard one to value and I've followed it for years. Guidence should attract new buyers.

[minimoke]

Where do you see this type of info sb9? I haven'tseen it on ASB Securities but I am a noob ..

Cheers
Mat

This is what you can se with ANZ
(Note sale at $0.26!!)

[Xerof]

Feel we still need some guidence before this vessel goes too far. I'm finding it a hard one to value and I've followed it for years. Guidence should attract new buyers.

You're right there T-rex. Moriarty gave a form of guidance at the AGM. Credibility will be shattered if he doesn't follow through.

[sb9]

You're right there T-rex. Moriarty gave a form of guidance at the AGM. Credibility will be shattered if he doesn't follow through.

Yes, market is looking forward for an update and any slight deviation from what they said at AGM would be quite detrimental.

[minimoke]

Yes, market is looking forward for an update and any slight deviation from what they said at AGM would be quite detrimental.

Just as a reminder, this is wjhat we are banking on

To repeat Luke’searlier comment, were Rubicon to be trading at book value (i.e. reflective of the carryingvalue of ArborGen), then our share price would be circa NZ40 cents per share. If we candeliver on the upside scenarios discussed in our Annual Review, then the outcome would bemultiples of that again. And in that respect, the critical point is that, now that we own 100%of ArborGen, the outcome is all directly within our control."

[beetills]

I assume based on what he said that 26c would be considered to be a bargain,provided things go right.

[Leftfield]

I assume based on what he said that 26c would be considered to be a bargain,provided things go right.

Much depends on the next update from RBC.....until then holders are 'well positioned.'

[percy]

Much depends on the next update from RBC.....until then holders are 'well positioned.'

I concur.....lol.

[Balance]

I assume based on what he said that 26c would be considered to be a bargain,provided things go right.

26 cents it is and heading higher - stock getting tight and story getting better.

[minimoke]

26 cents it is and heading higher - stock getting tight and story getting better.

Finished at $0.27 yesterday. So Im happy with an 8% overall gain so far. Story is still a potentially good one. Next update will be telling. Apart from the risk that this is still a bit of a Penny Dreadful, there is also the very low liquidity. I'm going to find it hard to exit my position if things don't go as I hope.