Forum Archive Index - June 2001

["H David" <david8686@hotmail.com>]

Hi Gerry

With this news, does that mean I should get in and buy some RBC now??

David


>From: "G Stolwyk" <stolwyk@wave.co.nz>
>Reply-To: sharechat@sharechat.co.nz
>To: "sharechat.co.nz" <sharechat@sharechat.co.nz>
>Subject: [sharechat] RBC>> Rubicon>> Share buy - back
>Date: Mon, 11 Jun 2001 11:55:19 +1200
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>RBC issued a SH notice, saying that they sold the fuels terminal at 
Brisbane for about $ NZ 23 mill.
>
>The RBC Board has decided to return approx. 11.25 cents per share to the 
shareholders in the form of a buy-back.
>
>Current RBC share price: 61 cents.
>
>That still leaves the Challenge petrol stations to be sold.
>
>We know that this matter is in the hands of the Commerce Commission.
>
>Once they approve any sale, we may perhaps see another share buy - back!
>
>Sofar, it looks that RBC could do very well out of the total sales of 
Terminals and Petrol stations!
>
>Gerry
>
>

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