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Re: Re: Re: Re: Re: [sharechat] RBC

From:	"Jeffrey Kelly" <jrjkelly@ihug.co.nz>
Date:	Mon, 16 Jul 2001 21:25:28 +1200

Gerry

If Rubicon can buyback at say 75cps and their nta is around 95cps then there will be a small relative increase in nta after the buyback is completed.

i.e. 20 cps over 80million shares ( $60 million/75cps = 80 million shares) = 16 million dollars over the remaining 270 million shares or around 6 cps.

Going by these estimated figures and an increased demand I would guess ,and a guess it is , that after one month buyback the price would be around 84 - 86cps

Only time will tell .

Jeff

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