Why the rally on SP?? IIF need to sell $500m + possibly a billion to sort out debt.
Asset sales announced today for Aus assets $23.7 m!! and they dont report the yield, which was in excess of 9.5% for both assets.
If their portfolio is heading toward a revaluation of >9.5%, share price will back to under 10 cents pretty quickly.
Why the rally on SP?? IIF need to sell $500m + possibly a...
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