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29-06-2017, 07:52 PM
#361
Originally Posted by t.rexjr
Couldn't disagree more...
Young Marc Bolan, in a sense they are liquidating it - only 50% of Clearwood (structured to exit their share as and when opportune), and now 100% of Arborgen to (perhaps) float off for billions, at their whim.
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29-06-2017, 08:19 PM
#362
Originally Posted by Xerof
Young Marc Bolan, in a sense they are liquidating it - only 50% of Clearwood (structured to exit their share as and when opportune), and now 100% of Arborgen to (perhaps) float off for billions, at their whim.
We're yet to see the set up but I'm assuming Rubicon board would be the only board. Effectively 100% of Arborgen was floated today. I'm willing to wait for the market to figure out exactly what that means. Personally I feel a few years in this structure can only benefit due to the transitional status Arborgen is currently in. More will come to light come the end of the reporting period but I'm perfectly happy with current structure. I was born to boogie and gonna ride this white swan with the other children of the revolution!
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29-06-2017, 08:41 PM
#363
Yes, presumably IP and Westrock had reps on the Board of A, along with Moriarty and Burton from R, so we should see a reshuffle. Explains why Knott jnr was appointed too I guess.
Time to 'get it on'
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29-06-2017, 09:13 PM
#364
This is a much better outcome than I had been hoping for, even better than I had feared. To have reached an outcome which satisfies not just one but both of the other partners in one swift manoeuver is very sweet indeed. This is something that has been in the offing for a long time and I'm pleased that patience and perseverance have been rewarded.
I hope that control can be retained by Rubicon as an NZ domiciled company with Arborgen managed by local board as at present. Inevitably control will move to the US to satisfy new investors when an IPO is planned. In the meantime I too am content to see this truck along for another few years before going for the big payday.
Last edited by Puriri Pete; 29-06-2017 at 09:14 PM.
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30-06-2017, 12:07 PM
#365
Member
A couple of more years,say what.
Zimmer frame and spectacles will have become the norm by then.No more hair left to pull out.
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30-06-2017, 12:57 PM
#366
Originally Posted by beetills
A couple of more years,say what.
Zimmer frame and spectacles will have become the norm by then.No more hair left to pull out.
Not the best investment I've ever made, 13 years of watch'n n wait'n! Even on todays low interset rates I would have doubled my investment, even chasing it down over the years still leaves me with 44c to break even!
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30-06-2017, 01:21 PM
#367
Originally Posted by Xerof
Young Marc Bolan, in a sense they are liquidating it - only 50% of Clearwood (structured to exit their share as and when opportune), and now 100% of Arborgen to (perhaps) float off for billions, at their whim.
Billions sounds good
David Darling always said it was worth billions
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
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30-06-2017, 01:23 PM
#368
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30-06-2017, 01:25 PM
#369
Originally Posted by winner69
Billions sounds good
David Darling always said it was worth billions
Hmmm, maybe I should have said tens of thousands
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30-06-2017, 01:41 PM
#370
Originally Posted by Xerof
Hmmm, maybe I should have said tens of thousands
No no, hundreds of thousands xerof
But seeing David was involved with Arborgen through Fletcher Forests last century we need to add a decent dose of inflation to anything he said
Jeez - last century, commercialisation takes a while eh
But David will be pleased
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
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