re: Ann: Completes Entitlement Offer Raising ...
well MOF has done a lot better than IOF and CPA in the past week.
It appears to be good value on an NTA and prospective yield basis, unless they have been concealing bad news.
I think some people expected a better stag profit on the issue and they are baling out. I also think that instos which might have been inclined to stock up on cheap shares in MOF are temporarily distracted by IOF and CPA, which will soon pass.
I would be very surprised if you could not get 22c for your MOF at some time in the next 2 months.
MOF Price at posting:
19.0¢ Sentiment: Hold Disclosure: Held
