discount to nta, page-4

Hi Finch

I have a feeling that this will double upon resumption of trading; particularly if they're able to attract decent talent in the form of new directors.

We know there will be significant write-downs, much like other REITS. However the last announcement alluded to decent operating results, so we know the business is viable, And my friends in WA tell me that things are starting to look up.

At 4c, there's heaps of upside even if NTA drops significantly.

CXH is likely to be the last REIT to be re-rated, and is likely to follow AEZ in a quick recovery back to double digits (or so I hope!).

My opinions only. Do your own research.