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RCT Reef Casino Trust (RCT)

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Question asked 21/02/2026

RCT Reef Casino Trust (RCT)

When is current offer closure date? If I accept offer now , when will i be paid

Answer

Hi Ted,

The Reef Casino Trust (RCT) takeover bid was made by Iris Cairns Property Pty Ltd at $3.87 last September, with the offer scheduled to close at 7.00 pm (AEST) on 13th March.

If shareholders don’t sell today in the open market – last trade at $3.58 on Thursday investors should be paid within a few business days after the offer is unconditional and accepted through CHESS, consistent with standard ASX takeover settlement timing, i.e. next month.

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Reef Casino Trust (RCT)

LAST UPDATED 19/02/2026 13:16

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