FDC NVN

FDC approached NVN in October last year about the merger... This...

  1. capitain
    391 Posts.
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    04/02/15
    19:53
    Post #: 14699093
    FDC approached NVN in October last year about the merger...
    This is a great outcome for fdc...practically buying a AReit twice its size with generally better quality assets, with an all script purchase, especially when it's trading price is 22% above its nta... well done to management
    Can't wait to see the benefits of the re-developed whopper Chadstone mall flow through to fdc as well now.
    NVN Price at posting: $2.51 Sentiment: None Disclosure: Not Held
    FDC Price at posting: $3.03 Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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