Buying MOF is really a no brainer. My 18months old son told me to buy the other day :P
NTA 49c, yeilding over 12% lol
I was scared during the GFC, I didn't buy coz I was scared as I got burned by BNB once. I didn't buy at 8c, 10c, But now looks like things have stablize. This coudl well be a good long term hold.
The following are from my Power-Etrade Stock info.
Description Value Description2 Value2 GENERAL Issuer Name Macquarie Office Trust Description Units Fully Paid Industry Group Office REITs - 40402040 Shares on Issue 4,752,826,494 Price (previous close in cents) 29.5 Market Cap ($) 1,402,083,816 LAST ANNUAL REPORT DATA AND RATIOS Earnings (cents per share) -42 Price To Earnings -0.7 Dividends (cents per share) 3.7 Yield (%) 12.53 Asset Backing (cents per share) 49 Price To Assets 0.6
MOF Price at posting:
31.5¢ Sentiment: None Disclosure: Held