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816 Posts.
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04/12/18
10:42
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AVH
Hound and I have been watching this one forever, like the model and more importantly where it is in its life cycle atm.
CR @ 8 for aud 40m,
so we have a notional MC just increased by > 30% via CR with people on market @ 8.3 as I type.
If 'mathematics is truth' holds up this one is going significantly < 8, it is there the hound will be ready to commit.
We hold a small pilot but want much more as investment grade improves, there are a few models that really excite the garage, this is one.
One for the more discerning WL.
Talking about emerging models garage got a few more IMA this am.
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