RNC 0.00% 36.5¢ real estate corp limited

I heard there were problems with some wording and the way the...

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    I heard there were problems with some wording and the way the structure was setup and both have been dealt with.
    This restructure extended to the de-stapling of the RMA Fund and RMA issuing Redeemable Preference Shares and Performance Shares to investors.
    This structure was much more favourable to ASIC.

    I agree I would have thought all this would have been across ASIC's desk a long time back.

    Anyway things sound positive, just a shame they arent listing while the markets hot.
 
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Currently unlisted public company.

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