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RBC, RUBICON LIMITED
plastic
post Posted: Mar 25 2019, 08:04 AM
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Delisting and liquidation also got rid of all the shareholders so the value of the asset stripping process could end up in the hands of the few. Pretty dirty little trick to play when the Companies Act requires directors to work for the benefit of all shareholders and not just those who are invited to join a special partnership with concealed identities.

If the record date has been recorded for the final payout it makes sense for Lukie Luke and his sidekick to be selling down. Might be why he finally resigned.

So it is when it comes to all things related to the Hughie n Luke Show.



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What did Uncle Mel do to us?
 
plastic
post Posted: Mar 22 2019, 05:50 PM
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Liquidation puts the knock on to Hughie's first and greatest mistake. The spending spree of FCL in forestry.
I think it's fair to say, we are at the end of the cycle and we were at the end of Hughie's cycle a long long time ago. This just underlines it. But the outcome is always the same; insiders make out like bandits.



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What did Uncle Mel do to us?
 
plastic
post Posted: Mar 22 2019, 08:37 AM
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Interesting reading considering RBC was their largest shareholder. All over by March 31st.

QUOTE







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What did Uncle Mel do to us?
 
plastic
post Posted: Mar 20 2019, 02:09 PM
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Not an all time low today in actual price but a match of the all time low of the 30 day average according to BigCharts.com.

Can we expect something?






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What did Uncle Mel do to us?
 
plastic
post Posted: Mar 20 2019, 08:00 AM
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Don't expect we'll get to see a financial report again either. Something will have happened by then. Guess we will never know whether Lukie Luke got his payout or not.



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What did Uncle Mel do to us?
 
plastic
post Posted: Mar 16 2019, 05:27 PM
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As anticipated, no AGM notice. Instead NZ suffers a mass killing under the guise of religious hate on the Ides of March. Surely Lukie Luke isn't that embittered on not getting his payout.

Q reckons there is no such thing as coincidence. Q also says NZ attack wasn't the main act and to expect more in Europe. I remain perplexed as to what a kiwi is doing in the White House. Equally perplexing is how or why he has remained there when the Trump administration seems to be a merry go round with resignations and appointments every day.

None of it matters though because RBC and Hughie are now acting unlawfully according to the Companies Act and there own Constitution.

We are in the twilight zone.






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What did Uncle Mel do to us?
 


plastic
post Posted: Mar 14 2019, 01:50 PM
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Watching a juicy plum being held as subsidiary by a shell reminds me of the Brierley days.

Sell the sub for pennies and make a transaction with the shell? Could be the only outcome if Hughie's star has crested.



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What did Uncle Mel do to us?
 
plastic
post Posted: Mar 14 2019, 04:12 AM
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Hughie prides himself on the issue of providing good governance to any company he is associated with. Which makes the next two days all the more important.

They are the last two days he has to lawfully provide notice of the AGM. I am excepting the weekend because they are not working days. If he has received a waiver from the NZX this should have to be provided to the market as well in lieu of notice.








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What did Uncle Mel do to us?
 
plastic
post Posted: Mar 11 2019, 08:02 AM
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At this rate I doubt they will even provide notice of an AGM. Probably won't even hold. As if Hughie n the boys want to front up to yucky little shareholders and account for themselves.

I mean if they can just ignore the NZX requirements for director resignations and major transactions with full knowledge the NZX and regulators won't do anything then who cares about an AGM notice?



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What did Uncle Mel do to us?
 
plastic
post Posted: Mar 9 2019, 01:17 PM
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Wonder if anyone has the courage to ask why CSIRO and the Chinese avoid Arborgen like the plague, choosing instead to partner up with Futuragene.

Would love to hear the answer to that one.



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What did Uncle Mel do to us?
 
 


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