RCY 0.00% 0.7¢ rivercity motorway group

bad press

  1. 1,821 Posts.
    The general reading of the press infers that this baby is going to .0001 cent offer no bid and fail shartly or within a near period with no buyers as all equity is extinguise and the debt cant be serviced much more than a year or so without the bankers pulling the pin and looking ofr a buyer of the debt like Lane cove tunnel..sorry i ve lost all my investment here just like Bris City..

    Depended on the prospectus to uphold certain untertakeings and commitments via directors values and committments..harrrumph ..so much for regulators proction for samll investors who sought to rely on the prospectus promises and so called expert repots and forecats , valuations etc etc ..time for class action recourse i reckon
 
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Currently unlisted public company.

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