Rubicon

[Xerof]

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.

[t.rexjr]

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!

[Xerof]

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'

[Puriri Pete]

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.

[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.

[ari]

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!

[winner69]

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

[Balance]

That's it - SELL!

[Xerof]

Billions sounds good

David Darling always said it was worth billions

Hmmm, maybe I should have said tens of thousands

[winner69]

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