Rubicon

[ari]

Well, that didn’t take long! Nice lift

[beetills]

The blue arrow has appeared.Onwards and Upwards.Wagons ho.

[biker]

Where some of the shares have gone. Now owns 5% of RBC for which he paid 19.5c. Provident Advisors could do well this year.

Mr. Irvin Robert Kessler is the Co-founder of Provident Real Estate Ventures. Mr. Kessler has been the Chief Executive Officer at PRCM Real Estate Advisers LLC since January 2012. He serves as the Chief Investment Officer at Provident Advisors LLC. Mr. Kessler serves as Chief Investment Officer and Managing Member at Provident Real Estate Advisors LLC. He has over vast years experience in the securities industry. Mr. Kessler served as the Chief Executive Officer and Chief Investment Officer at Deephaven Capital Management LLC. He founded Deephaven in 1994. Mr. Kessler co-founded Arbitrade Holdings LLC in 1995. Prior to this, he traded as proprietary options market-maker, trained and financed over 75 other options market-makers, started a clearing firm for floor traders and established a Chicago Board of Options Exchange (the “CBOE“) specialist post. Mr. Kessler also worked at Knight Capital Group. He has been the Chairman of the Board of Silver Bay Realty Trust Corp. since October 1, 2014, served as its Vice Chairman until October 1, 2014. Mr. Kessler served on the Board of the CBOE and the Chicago Stock Exchange. He attended the University of Minnesota.

[ari]

Phew, that’s some pedigree. But other major players also have some fairly impressive backgrounds......

[ratkin]

2018 year of the Rubicon

[Balance]

Looking great!

Last opportunity I would say to get onboard at around current levels. When the NZ institutions (who have been steering clear due to hang ups about Fletcher group of old) start investing, the stock will really move.

Then there’s the last of the Tenon money being paid out too which could be reinvested into RBC.

[ratkin]

ACC on board now and up another 10% so far. Train has left the station

[beetills]

Lets hope the starting Station wasn't Wairoa and the final destination isn't Gisborne.

[Balance]

Stock was trading at around 24c when Tenon was trading at $1.20.

Only reason why RBC has been down below 24c imo is that TAM became a distressed seller (quick google search will tell you that) and in an illiquid stock like this, TAM had to keep selling lower to get out.

Then the selling was joined by SAM. Inevitable sp was going to come under severe pressure.

Now two loose holders have been replaced by several solid longer term shareholders.

Only one way for the sp to go as the Aborgen story gathers momentum - as it has been but largely ignored by the market to date.

Just like Tenon was ignored.

[dubya]

Bank of New Zealand on board now with 25 million shares.

https://www.nzx.com/announcements/312806