re: Ann: DEXUS receives Greystanes developmen... A few years ago they were boasting about what a terrific investment this US rubbish was. Anyone could see the sellers saw them coming at the time - so obvious just by looking at the nonsense rent guarantees for unwanted space.
Now they're taking a 17% haircut from their POST CRASH 2009 valuations, despite all the US money printing. So let's see how close they've picked the bottom of the cycle. Buy high, sell low. Now they can convert their US dollars back at a low exchange rate. You'd have to laugh if it was so sad for holders. Victor still has no shares of course, right?
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