sharetrader
Results 1 to 10 of 1151

Thread: Rubicon

Hybrid View

  1. 10-12-2016, 05:48 PM #1
    Balance
    Balance is offline
    Legend Balance's Avatar
    Join Date
    Feb 2003
    Posts
    21,752

    Default

    Quote Originally Posted by ari View Post
    Seems quite strange that RBC have been quite vocal re IPO since before last failed attempt, as if they were pulling all the strings....but now not so. Or maybe I was reading it wrong all the time.
    If Clearwood is sold and assuming it is sold for fair value (Let me venture US$70m), RBC will receive another US$42m which could very well be used to buy out one of the partners. This could accelerate any corporate activity like an IPO.
    Reply With Quote Reply With Quote
  2. 23-12-2016, 10:30 AM #2
    Balance
    Balance is offline
    Legend Balance's Avatar
    Join Date
    Feb 2003
    Posts
    21,752

    Default

    Quote Originally Posted by Balance View Post
    If Clearwood is sold and assuming it is sold for fair value (Let me venture US$70m), RBC will receive another US$42m which could very well be used to buy out one of the partners. This could accelerate any corporate activity like an IPO.
    https://www.nzx.com/companies/TEN/announcements/294889

    Well, looks like sale could be on its*way.
    Reply With Quote Reply With Quote
« Previous Thread | Next Thread »

Tags for this Thread

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  

Forum Rules