Thanks for thaat. Was worth listening to. Company is now capitalised at only $35m and company plans to buyback $50m of shares once they have raised enough cash by selling some of their assets. Real Estate assets in US are high quality and almost all leased to secure government clients.
Will RAT survive their short term debt issues. That is the only real issue here. After listening to the presentation I was left with the impression that they were confident in achieving their restructure objectives.
If successful RAT share price will show substantial gains of potentially more than 600% imo. Otherwise could lose the lot due to gearing levels of about 77%.
Von.
RAT Price at posting:
0.0¢ Sentiment: None Disclosure: Held