I don't think so. Opportunities are acquisitions, purchases or expansions of existing properties. They are no longer looking to sell existing properties to reduce debt. They have very low gearing / debt - perhaps the best in the industry right now so in a real good position at the moment. Should be very attractive for the risk adverse investor. Looks to be oversold to me at the moment but who ever knows in this game?
There seems to be alot of bigger gains being made elsewhere and some optimism also so safety is not being worried about to much imho. The woods are not clear from where i am sitting so i am happy with safety still.
MCW Price at posting:
57.5¢ Sentiment: Hold Disclosure: Held
