Get 40% Off
🤯 Perficient is up a mind-blowing 53%. Our ProPicks AI saw the buying opportunity in March.Read full update

Rebosis (REBJ)

Johannesburg
Currency in ZAR
Disclaimer
16
0(0.00%)
Closed

REBJ Comments

Rebosis Property Fund, a real estate investment trust (REIT), has faced significant challenges recently. Here’s a summary of recent developments: Business Rescue: Rebosis Property Fund has entered voluntary business rescue due to provincial government and municipal delays in rent payments and the impact of rising interest rates on its debt. The company’s shares have been suspended on the JSE (Johannesburg Stock Exchange) as a result12. Share Price Movement: Rebosis’ share price has experienced significant fluctuations. It fell from 29 cents a year ago to 16 cents when it was suspended. Five years ago, the share price was as high as R10.95, but it has since declined1. Rescue Deal Negotiations: There are ongoing negotiations for a possible rescue deal with unnamed local and foreign investors. The company aims to restructure and strengthen its balance sheet3. Financial Metrics: Market Cap: ZAR 111,880,512 Earnings per Share (EPS) - TTM: ZAR 0 Price-to-Earnings (P/E) ratio: 0
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.