seemed a good story,selective selling debt reduction is underway,and valuation is above my calculation of 57c,govts the world over are fearfull of a collapse in the reit sector, afterall the bulk of the value is human labour and materials, the land component a small part of the story in the current climate. bar a big sp hike i might even retain these for the longterm, macq have been up front before regarding risk especially o/s, will be very happy with a strong focus on aus assets.
currently holding at 15.5
MOF Price at posting:
13.5¢ Sentiment: Buy Disclosure: Held