this stock will be re-rated over the next 6 months
look at the other prop stock's all on yields around 9%
if you buy now....not only will you be on a 14% yield but you should get a cap gain as stock re-rates to trade up around $1.20 or 9% yield
total gain 65% over next say 6-12 months!
The only reason this stock hasnt traded at the $1+ mark lately is that "the market" thought the gearing was too high and that the div wasn't frequent enough.....
well now those issues have been sorted
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- please explain why
RRT
record realty
please explain why, page-21
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