Hello WangChung, thanks for the reply - I take your point. I know that RCY has "senior notes" - preference shares for the instos (don't know though if that's for all of them?) if it went belly up, but I had hoped that there may be something left over for the shareholders (who put about half of the money that went into this - if you take out the council contribution) if it went into receivership...However I must admit that I'm starting to move into Gustie's sentiment with this stock. My fault though, I should have done my research. In hindsight the risk to reward ratio was way too high.
RCY Price at posting:
3.2¢ Sentiment: Hold Disclosure: Held
