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11-09-2017, 12:00 PM
#441
Originally Posted by beetills
Any body concerned with the current share price or am i too emotionally invested.
Been there before, but still does not make an easy look especially when I thought I had bagged the new low at 21.5 recently
Last edited by ari; 12-09-2017 at 09:05 AM.
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12-09-2017, 08:48 AM
#442
12/09/2017 08:30
GENERAL
NOT PRICE SENSITIVE
REL: 0830 HRS Rubicon Limited
GENERAL: RBC: Rubicon announces new Board appointment
September 12, 2017 - Rubicon announced today, that Mr Ranjan Tandon had been
appointed to its Board of Directors.
Mr Tandon is Founder and Managing Member of Libra Advisors LLC (Libra), a NY
hedge fund that holds a 17.6% interest in Rubicon. Libra had assets of US$2.5
billion and invested in domestic and emerging market equities prior to
conversion to a family office in 2012. Barron's had consistently ranked
Libra in the top 100 Hedge funds.
Mr Tandon is also a Board Member of the NYU Tandon Engineering School (5,500
students), the Carl Schurz Park Conservancy and has endowed Faculty Chairs at
the Harvard Business School and Yale University. He is also a Director of a
listed Stockholm Company, Vostok Emerging Finance, which invests in early and
growth stage fintech companies across emerging markets.
Mr Tandon graduated from the Harvard Business School and received a
Bachelor's degree from the Indian Institute of Technology, Kanpur, India.
Given Libra is a substantial security holder in Rubicon, Mr Tandon is not an
independent director under the NZX Listing Rules.
Lets hope some of this wealth can rub off onto long suffering RBC holders....https://www.insidephilanthropy.com/w...an-tandon.html
Last edited by ari; 12-09-2017 at 08:52 AM.
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13-09-2017, 05:29 PM
#443
Back to all time lows...
It's actually quite laughable how sh*te the company has been at creating any hype whatsoever.
Last edited by t.rexjr; 13-09-2017 at 05:31 PM.
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13-09-2017, 05:46 PM
#444
Member
What percentage of shares is held by major shareholders?IMO thats where the trouble with the share price lies.
Stand to be corrected.
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13-09-2017, 05:53 PM
#445
Originally Posted by beetills
What percentage of shares is held by major shareholders?IMO thats where the trouble with the share price lies.
Stand to be corrected.
Yes too many major shareholders for sure. Third Avenue Management have been selling down for a while which has been the big sting...
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13-09-2017, 11:15 PM
#446
Originally Posted by beetills
What percentage of shares is held by major shareholders?IMO thats where the trouble with the share price lies.
Stand to be corrected.
Rubicons website says Knotts is 28.28%
sourced from FT
67.47%
Per cent of shares held by top holders
Shares |
% Held |
David M. Knott PartnershipAS OF 30 JUN 2016 |
113.04m |
23.17% |
Libra Advisors LLCAS OF 04 JUL 2017 |
86.11m |
17.65% |
Third Avenue Management LLCAS OF 11 JUL 2017 |
44.09m |
9.04% |
Last edited by t.rexjr; 13-09-2017 at 11:21 PM.
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15-09-2017, 03:31 PM
#447
Down 18% in 1 mth, pretty sure that 18c is a new low, havn't they done well?
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15-09-2017, 04:11 PM
#448
Originally Posted by ari
Down 18% in 1 mth, pretty sure that 18c is a new low, havn't they done well?
Not a single green arrow to be seen...
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15-09-2017, 04:23 PM
#449
Even our philanthropist mate Tandon is down a cool 2.1mil from his last placement.
Knott, well he must be used to it by now...
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17-09-2017, 12:36 PM
#450
Member
Would it be in RBC interest to delist from the NZX and list on another market under Arbor Gen once both companies future is sorted out.I was thinking the US market.
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