break out?, page-5

Take Stocklands for example!

They could outlay 150 million to snare control of this company throw in another 250 million with a rights issue @ 30 cents with the other shareholders throwing in 250 million.

With 500 million in the kitty gearing is under control and the banks go easy with Stocklands on board as a major shareholder.

What did they just raise 2 billion this is spare change they are on the hunt and they can afford this as well as merging with GPT as GPT also has the cash

Why not bolt on some industrial properties.

Interesting times to come in the next few months!