Z we are in the lap of the gods on this. all media activity has been focussed on CH and Mac point of view - not whats in it for the shareholders.
From media articles IMO it would seem that CH who are having a rights issue to get this off the ground are a bit underfunded or really wanted a Mac continuing presence. I think from memory Mac also have to hold shares for at least 12 months after deal.
Media seem to think that CH management may be a good thing for shareholders with CH's claimed objective of getting SP back to or above NTA and their closer focus on property management. But who knows
MCW Price at posting:
57.0¢ Sentiment: None Disclosure: Held
