RRT record realty

nta of 90c trading at 33c

  1. 394 Posts.
    -We've seen substantial holders increase their stake recently at significantly higher prices than current.

    -RRT do have a lot of debt, but very is due for refinancing until 2009-10, so we wont see the same scenario as we have seen with centro.

    - RRT not paying a divvy doesnt mean the value is lost, its still kept within the company which will better safegaurd the company, undertandable during current market environment.

    -we may see a soft porperty market, but I think they will resume their divvy in due course and the yield will be very attactive. High yield plays such as RRT will be shrt lived in the medium term.

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