gyrations..., page-7

It seems the 2 areas of "concern" are the FOREX position and Allco.

I think the concern is mainly to do with FOREX and it's perceived impact on the dividends.

If you look at other US property trusts, take MRA for example, it too has had its share price hit hard.

MRA of course has nothing to do with Allco so it's mirror image share price fall would suggests RAT is falling on FOREX concerns.

Also other foreign earners like JHX and NWS have also been tumbling in the last couple of months - all FOREX related.

I would be thinking RAT & REU should be through the worst of it within a month or two.

By then interest rate moves would have been either happened / not happened and provide some longer term certainty.

Allco is definately a positive for RAT.

Watch for RAT, REU and RJT be re-geared and re-managed bringing the stock back to NTA.