Ann: Successful completion of $500m institutional placement, page-10

i see a few headwinds for dxs in the future, if Sydney property prices have a major correction, dxs will be forced to write down the value of its properties, which means a lower NTA.

If the economy starts getting worse and unemployment starts creeping up, companies start laying off working which means less need for office space

Dxs WALE is not that long only about 4.5yrs.

on a positive note dxs gearing is inly about 26.5% unless interest rates go way up dxs should survive, I hope.

To be honest DXS expanded too quickly, if DXS were a private company owned by a private billionaire for eg. it wouldn't have bought all these office building so quickly like it did using debt
, dxs need to start paying off more debt before constantly expanding their portfolio, sure growth is good, but I would prefer dxs to be run with a VALUE orientation and focus, rather than a GROWTH focus, always looking to continually expand.

But I guess DXS biggest shareholders are the big banks and instos and they want growth growth growth, rather than VALUE.
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by the way, just a question I need clearing up, yrs ago DXS had a SPLIT didn't it, a 10-1 split if I remember correctly right?
so dxs at $9.50, would be like dxs 95c without the split that happened yrs ago right?
cheers.