there are a lot of pessimism.Just in December/January there was...

there are a lot of pessimism.

Just in December/January there was issue of units @.20 cnets

What changed? Pore bad news from this company - no!
More bad macro news? Yes , sure it scare people off.
Just look today was 20% drop because of bigg sell off - no.
Was it mainly due to overall Macquarie / Economy situtaion- yes.
Well , as somebody said investors do not like property and debt - this compnay already been punished SP was down by 90% in the last 8 month!

Now, they will have to close the gap between SP and net asset value - otherwise it will be subject to takeover/privitization/share buy back
Busness is still good, US property was valued oready down by 50%. Australian by 10% (but most of Australian property was bought in mid 90s - for good price)

I bought today at .92 , avaraged to.1 ;

Well let's see.Tryig to be realistic.