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[ari]

Latest Tenon announcement about purchase of assets and company wind up can only be good for RBC shareholders. If the focus then is completely on ArborGen, the RBC share price should finally get some traction.

Now we see the buyers! Let's hope it's not a distant dream for Arborgen......

[biker]

Now we see the buyers! Let's hope it's not a distant dream for Arborgen......

Indeed ari. It's been a long road. Just bought more at 22c.

Disc - at the moment hold far too many. Hopefully sometime within the next year or two, don't hold enough.

[ari]

Indeed ari. It's been a long road. Just bought more at 22c.

Disc - at the moment hold far too many. Hopefully sometime within the next year or two, don't hold enough.

Exactly biker.....I've had to trade down since 2010 (held since 2004) just to stay in the game. Was tempted to dip toe again at 21c but will now hold (200,787) and wait....still require 44c to break even!!!

[biker]

Have I just bought the last RBC shares ever to be sold as low as 22.5c ?

Disclosure 1. Wishful thinking.
Disclosure 2. A RBC shareholder with LOTS of patience.
Disclosure 3. Waiting for the second coming (of RBC)
Disclosure 4. Believing the pending sale of TEN will be the spark
to set RBC alight

[Balance]

Have I just bought the last RBC shares ever to be sold as low as 22.5c ?

Disclosure 1. Wishful thinking.
Disclosure 2. A RBC shareholder with LOTS of patience.
Disclosure 3. Waiting for the second coming (of RBC)
Disclosure 4. Believing the pending sale of TEN will be the spark
to set RBC alight

RBC could prove to be the sleeper stock of 2017.

Work through the numbers on TEN and assuming the low valuation as realisable value of Clearwood, it means that cash (after capital return from TEN) will be $70m.

Current market cap implies a value of $25m for Aborgen.

If half of what RBC now says about the potential of Aborgen is true, $25m is an absolute bargain.

How much credibility does one place on what management says? I took management at their word on Tenon a few years ago when their words were mud and am very very satisfied with the result.

[Xerof]

JPM have filed 2 SSH notices, July and October, but the October one appears to be a duplicate of the July filing (off NZX platform) Does anyone know what the October filing was meant to say - fairly lax reporting IMO

[silverblizzard888]

JPM have filed 2 SSH notices, July and October, but the October one appears to be a duplicate of the July filing (off NZX platform) Does anyone know what the October filing was meant to say - fairly lax reporting IMO

If you check the cover letter doc that is also attached it explains why they have had to make a second disclosure for the same event. JP Morgan Clearing Corp merged with JP Morgan Securities and hence they needed to clarify the situation for all past references made.

https://www.nzx.com/files/attachments/245088.pdf

[Balance]

If you check the cover letter doc that is also attached it explains why they have had to make a second disclosure for the same event. JP Morgan Clearing Corp merged with JP Morgan Securities and hence they needed to clarify the situation for all past references made.

https://www.nzx.com/files/attachments/245088.pdf

Mention was made at the RBC ASM that one major shareholder was (is) selling off its sizeable stake for its own reason - not something directors or RBC can control. Directors also believed that that is the main reason why the sp has been flat lining when the observation was made that Tenon has tripled in price from a few years ago while RBC has gone backwards.

So if the that shareholder stopped selling or finished selling - could see the sp bounce nicely.

So Biker may indeed has bought the last of the 22.5c indeed!

[Xerof]

If you check the cover letter doc that is also attached it explains why they have had to make a second disclosure for the same event. JP Morgan Clearing Corp merged with JP Morgan Securities and hence they needed to clarify the situation for all past references made.

https://www.nzx.com/files/attachments/245088.pdf

Thanks SB888, I hadn't connected the two.

[Xerof]

So if that shareholder stopped selling or finished selling - could see the sp bounce nicely.

That's usually the million dollar question.......

watching