An update as to what is or isn't happening with RCY by the administrators would be much appreciated. I'm aware of the delicate balancing act between commercial sensitivities and the market and the shareholders right to know, but as a holder I'd really like some sort of closure with this thing. Is Leighton and Mirvac now significant shareholders a sign of some light at the end of the 'tunnel'? Or just a historic contractual agreement ticked off the list? My units came off the registry to an issuer subregister at the end of May. What does that mean? Some information would be much appreciated by the administrators to the unitholders, in my opinion.
RCY Price at posting:
0.7¢ Sentiment: None Disclosure: Held