RAT 0.00% 0.9¢ rubicon america trust

us property sold..net benefit 20m, page-10

  1. 925 Posts.
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    I like this a lot ,Babcock and Brown are in recently.Most of the property is U.S government leased,The price has come down from around a dollar average over the last three years and been smashed.They have a plan of a share buy back and a payment plan for debt that looks like its going better than planned. It seems that they could be paying a nice div in a few years 7 cents or so ,At this price it is a nice risk v's return for me. I recommend reading the annual report ,very nice reading.

    Do Your Own Research.
 
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