Reef Casino Distribution

Posted by cairnseconomy

Reef Casino (RCT) have updated on their distribution for the June half:

Reef Casino Trust (RCT) today announced that the estimated distribution for the six months 1 January 2019 to 30 June 2019 is 2.61 cents per unit.
With another week before the end of the first half year our current estimate of the distributable profit* for the six months ended 30 June 2019 is approximately $1.3 million consistent with the update made ahead of the annual general meeting on 24 May 2019.

That brings the result in near the bottom of the previous downgraded guidance range of $1.2 – $1.7 million. The graph in the previous post showed the top of the guidance range for the June half: Reef Casino Sinking

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