IIF 0.00% 53.5¢ ing industrial fund

5.6 billion of quality property owned at June 2008 and they have...

  1. 2,017 Posts.
    5.6 billion of quality property owned at June 2008 and they have said they will pay 10% dividend of the average share price. If they were in real trouble they would scrap the dividend.Is the market pricing the dividend being scrapped? In five years this could be $3.00. Isnt Krudd putting his hand up to help out companies like IIF with refinancing if overseas banks don't. I am surprised the market has not re rated this a bit? If this falls over then half of the XAO companies should also fail. Can things get that bad i don't think so. Once in a lifetime buying opportunity.
 
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Currently unlisted public company.

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