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Re: Re: Re: [sharechat] RBC>> Rubicon>> Share buy - back


From: "G Stolwyk" <stolwyk@wave.co.nz>
Date: Mon, 11 Jun 2001 16:05:31 +1200


 
The buy - back ought to be somewhat positive as RBC will then be able to clean up much stock which at the moment is keeping the share price down.
 
Another positive is - yes, we have'nt forgotten it - the prospective inclusion of RBC in the SE 40 index at the end of June !! 
 
To manage that, RBC will need to be at least 45 cent / share! It is 60-61cents.
 
One of two companies will need to make room for RBC : ADV or Montana. The first, because its price is well down, the second, should Montana be substantially taken over.
 
The situation re Montana could carry on for a while, so ADV could be on the chopping block soon!
 
Must remind RBC that they are entitled to be in the 40 index!
 
Gerry

 
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