Hi Orchid,
That's exactly what I did. I went and bought a whole heap on market at $0.85. I wouldn't now be subscribing to the entitlement offer. The ongoing share price drop below $0.86 is worrying. Maybe CPA overpaid for the 3 assets??? Maybe the "independant valuation" on the properties was done by Bruno Grollo's Mum??? Does anyone know what the true value is of those 3 properties?
Cheers,
hih